RE: 1.8m and 1.3m22 Jan 2019 18:16
Wouldn’t read too much into that 1 trade, there was also one Friday
No one will convince me however that we haven’t hit oil at Denjo. You would only be buying such substantial sums of shares and £ if you already new the result. If we were “still drilling and nothing to see”, no one in their right mind would be throwing that sort of money at it, consistently (that’s the key). No way.
I have a feeling they hit TD over the weekend or Friday (which is coincidentally when these large buys started happening), but they will delay the RNS. Now for the conspiracies;
- large trades started Friday
- so maybe we hit TD with oil Friday (also a 1 trade)
- they can delay an RNS for 3 days before having to issue under nomad
- 1 trade today
- what’s tomorrow???? The third day!
Mmmm I like that idea ;-)