Member Info for smalltrader

https://www.cnbc.com/2020/10/23/tesla-recalls-model-s/x-cars-in-china-over-faulty-suspension.html

above seems to be the reason for the drop. No recall yet in US. SP hit 407 and back to 420.

Don't understand why the drop when the results have beaten analyst expectations?
They have delivered 139k vehicles in Q3 whereas 189k to be delivered in Q4 to meet their self imposed 500k target. So does market think that they may not be able to deliver their self imposed target? Is that the reason for the drop? Looking to add but need to see if it goes to below $400

Guess many are in sidelines waiting for funds as there is time still for big moves but anyone waiting too long will miss the entry at this price. Once this starts moving, it will move very fast. Remember it did 30% rise 2 times already so another 30% surely on the cards. For today's low volume a 3% rise! Now with some good news, easily it will be 3.5p. Hold tight.

holdings increased about 5% (17th Sep) and this was after the PMO said that they are in discussions with Chrysor so Schroders must have known about the merger. Atleast they or any other II has not offloaded yet and we have not seen reduced holdings RNS so far. Based on that I think IIs are seeing upside from here? May be 25p based on 5% is true and from 25p more upside?
May be the new billion shares may just start trading at 25p on the day of the merger?
Just not sure if I should add now or wait for the RNS.

I topped up too early at 73.2 few days back thinking a bargain price! anyways as long as GS are here...this will yo yo. Need another II to counter them.

Just wish they get burnt very badly once interims are sound.

this what happens when there is low free float of shares! One minute goes very high and soon goes down. I think the only way to play this is keep topping up when it goes down. Don't go all in.

Clearly there is lot of news to come from November. Games will be played till then I think. Hold tight.

we have a rescue deal so premier is not going to get delisted atleast and the shares will eventually rise at some point in future depending on the oil price. Not worth selling now at a loss when we don't know the election outcome. My gut feeling is Trump will win this time again.

37p

Wow King! You are on fire and very bullish!
I'm happy to hold this now. Clearly on next news we are not going to be in 30s.

Once the drill results keep coming as positive SP would be doing bigger increases than GGP due to less number of shares available.

There is no placing required either as OMI job now is to wait for the drill results and keep pocketing money from the partners!

As people start realising how good this stock is including me more will pile up. I just need EUA to get sorted quickly do that I can move it here. GLA

they have to issue 18Bn shares at a price of 25p for a £4.6Bn Mcap($6Bn)? that can't be right?

what for the existing SHs?

Combined EV is $6Bn = £4.6Bn (1.3 conversion)
5% of £4.6Bn = £230M
Shares in Issue 900M approx
So SP should be 25p nearly once the deal is done?

and there will be billion shares issued to Chryasor at a price of 25p to have a $6Bn Mcap?

OR
our existing shares will get diluted by 5% like 1000 shares converted to 200 shares in the combined group but what would the SP be?

Once we have a bit of blue figures on the top of the screen, this will shoot up to new highs...it could be tomorrow!

exactly, why throw a RNS when the price is increasing and not when the price is dropping?

why the bloody Potter and Leo can't dip in their pockets and throw some money here when we are able to do. Need a push to SP and their purchase can definitely help rocket the SP.

this is very difficult to buy when the news lands. Clearly now is the time to accumulate. Glad I topped up at 29.2p!

when it lands it will be too difficult to buy. If big news lands about drilling ppl will be ready to pay even 60p ? Wise thing is to buy now. Next RNS could be next week regarding the payments from the partners and then big news about the drilling which when it starts, it will be like GGP but SP can move much faster than GGP due to low free float.

Still in auction cannot buy a bean! What is going on?

Last chance to buy at 29

With low free float this can go back to 30s easily

Ppl sold out are looking to buy