Member Info for spike912

Simple,

Nothing new since last week

Friday price up 11% bouncing off £9

Nothing new comes today again, I fully expect recovery to continue

It’s all noise this weekend but nothing new or changed since Friday!

Wake up and hold tight! #bur

It’s only really The Times running with any of it, including them at FT on Twitter

4 broker houses still reiterating £20 target

It’s all priced in now anyway, and knowing the market it’s been priced harshly too

Tomorrow’s opening price action will be telling

Albeit there is an increase short still showing from another fund.
Simply put Monday’s opening action will, in my opinion, be depending on what comes out of Gothams notes. I believe it’s not a research note simply a headline summary but I can’t see what more then can offer that MW hasn’t already. Damage has been done, even more so when Gotham don’t hold a position. All seems pointless now

And it now appears MW have closed out the short according to short tracker. Fully out I guess robbing scum

If the dust settles over the weekend and MW decide to stop digging their hole deeper and nothing further is issued, there will be a scramble to get in
Monday imo

If BUR were clever, they would have issued legal notices Friday which would them restrain MW from issuing anything further likely under the guidance of MW own counsel. Wouldn’t surprise me if this has already happened

MW need to be very careful now as issuing further “reports” could seriously weaken their position

If the price sinks again, we may see a share buy back, given the company has a 10% buy back threshold.

After listening to the investor call and reading the rebuttals, it appears we have a very savy bod, who will do what is necessary to protect the SP

I really hope it’s quiet over the weekend, head down, and Monday could be another exciting blue day

Have a great weekend all and good luck

Next Riser, not at all, and I assume you are the type with the finger on the sell button whilst ramping, hence you've suddenly appeared on an upward movement. sooooo transparent lol

NEXT RISER PLEASE GET A GRIP

And walked back down lol. Fun over

what's with the CAPS and the pointless ramps?

Because the bid and ask are volatile hence the AT trades. Nearly all buys and sells are having to be filled by AT. It happens on stocks like this

https://shorttracker.co.uk/company/GG00B4L84979/

Only concern is pharma results are nearly always significantly late!

It’s not really new news tho is it. We all knew this was happening and coming as did the market

Can we refrain from every time someone doesn’t like a post the really original lines comes out “dont hold”
Everyone is entitled to a logic based opinion, and I suggests some look at their own glass house at times

Let’s just wait and see.

Heid, 4-8 weeks of testing, even taking on board what you say, I think we are looking back end of September before anything is announced to the market but let’s see

Pboo has a fair point. No need to troll him/her it’s fact at this stage only
Could be October before real news lands

If you look at RRE, bringing in £10mil a month free cash, 11000 bopd (I believe), there mcap is £223mil.

5p would value us more than them without one well drilled.

As I say, logic says 1.5-2p imo but hope I’m wrong

I’ve emailed the company to confirm if they still hold the 1.4mil or if this has been reduced. To be honest the way poly has rocketed, I would be taking some off the table anyway! But not sure on cash burn here? Couldn’t really see in the accounts with any accuracy

Yes OVB holds 1,405,000 shares, unless they have been selling down to find bio side

Good find flappingchicken. I’m assuming they would need to notify the market if selling? £5mil sold in a chunk yesterday, makes you wonder ;) but not sure if liquidity off another share would be classed as “price sensitive “ unless the need for a TR1, as would be no different to anyone selling as long as a threshold wasn’t crossed

DW will be happy to take his 3p in time, he’s not exactly short term holder. He knows he will get it eventually after drilling. I would imagine he’s not too concerned with his options as this stage
We don’t also know the other offers that were on the table.
I’ve been there in my own business, a lot of interest but all not that great so you end up taking the best deal you can. Not saying that’s happened here at all, highly unlikely in fact, but I consider all
Options

Apologies for the negativity. Just like to look at all sides. Once bitten twice shy I guess