Member Info for steello

They should be finished tomorrow after the volume we’ve had today. I’ve been watching the trades closely. Today’s news has just speeded up their departure. I guess I should be thanking them for making me some decent money.

5p On the ask now

2 ii’s been selling out. Nearly finished now, that’s why the rise has begun.

Well said Syed. Done it myself many tines, including aaog

3.93 to buy now. A much better day and another million or two sells done and dusted already.

10-12 million left? Should be out by Wed or Thur (only a guess).

Looks like the seller is going through 3-4 million a day

3.41/3.46

Looks like Jennison where just adjusting their portfolio: Jennison Associates LLC Sells 141,185 Shares of Vertex Pharmaceuticals Incorporated. Jennison Associates LLC Sells 2,780 Shares of Ameris Bancorp. Jennison Associates LLC Sells 1,533 Shares of Sterling Bancorp.

Exactly

Lek trades on Nex too. They’re throwing sells through there. That’s why the price is dropping. It’s going to take a while to off load the ii shares with volume like this. I think the mms will give it a rest next week, let it rise and then hit it again. We spiked and topped the risers board recently and went straight back down.

That’s true but most of us are already in here so we can do nothing but wait. Bloody frustrating though.

Jose. I emailed IR today. Will post on here if they reply.

The company has decided to withdraw legal action. The company will also continue engagements with the regulator and Optimum Petroleum Development Company Limited, the operator of OPL 310, to conclude agreements and resolve all outstanding issues. Further updates will be provided as and when necessary,” Lekoil said.

They aren’t in a legal dispute. Lek dropped the case

Teaboy. I’ll be your partner in that. Gla

I actually feel sick looking at all those big sells going through. I tell you what, when an ii decides to dump their shares, they don’t mess around. I’m turning lse off for a few days.

That’s aim. You can do what you like. I’m thinking of starting my own company and listing it. Just need to think of a crappy idea to get the ball rolling :)

I’m annoyed with myself. topped up with 2 x £5k buys a few minutes before that rns. Would have got a lot more for my money now. I tell myself I got them cheap and they’ll be double in a months time :)

From the final results rns. ‘Subject to agreement on funding with one or more industry partners, plans underway for a three to five well drilling programme, targeting to increase production levels to approximately gross 15,000 to 20,000 bopd (6,000 - 8,000 bopd net to LEKOIL)’. That doesn’t sound like they are going to do a placing to me