Member Info for Stockraiser

Perhaps they've not been selling all their converted shares, and by converting more than £75k they would be going over the notifiable 3% mark - just a thought ;-)

GLA SR

Look at the picture in a few months time, not what's happening now.

GLA SR

Shale's Decline Will Make Way For The Next Big Thing in Oil

https://oilprice.com/Energy/Crude-Oil/Shales-Decline-Will-Make-Way-For-The-Next-Big-Thing-in-Oil.html

There's a rumour beating on the jungle drums that BP is looking at UKOG

https://uk.advfn.com/cmn/fbb/thread.php3?id=35182818

Real spread is .2981 v .3130 so not a lot at all ;-)

Pressure building up here

GLA SR

Don't think it will ever get back to 11p a share, but hell of a good chance of spiking to 1.1p which is my new target ;-)

GLA SR

The largest movements take the longest to start and stop .

GLA SR

What is an Iceberg Order

Iceberg orders are large single orders that have been divided into smaller limit orders, usually through the use of an automated program, for the purpose of hiding the actual order quantity. The term "iceberg" comes from the fact that the visible lots are just the "tip of the iceberg" given the greater number of limit orders ready to be placed. They are also sometimes referred to as reserve orders.

Basics of Iceberg Order

Iceberg orders are mainly used by institutional investors to buy and sell large amounts of securities for their portfolios without tipping off the market. Only a small portion of their entire order is visible on Level 2 order books at any given time. By masking large order sizes, an iceberg order reduces the price movements caused by substantial changes in a stock's supply and demand.

https://www.investopedia.com/terms/i/icebergorder.asp

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GLA SR

https://www.dailyfx.com/crude-oil

WTI price going crazy

6 million @ 0.3266

GLA SR

SELLS : so are the 0.2901's - wonder who is buying them all ;-)

GLA SR

being paid now :-)

GLA SR

But you cant buy jack 5hit ;-)

Not that far on the charts - but a full 100% rise from here. Can happen in an instant ;-)

GLA SR

and those sells at .095p are actually buys (well I know some are) ;-)

GLA SR

Ironhide - apologies

Ironside - "Why the loan conversion isn't halted for a bit is mad as they would get far more money rather than selling at the lowest price possible"

Very true - which is why I continue to buy, as I do believe the selling will soon stop, and the sp will rocket to at least 1p.

GLA SR

Saudi Arabia Is Planning Even More Oil Production Cuts

Saudi Arabia has said that even more production cuts could be on the horizon, after sealing a 9.7 million bpd production cut over the week from the OPEC+ group, Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman said on Monday. The G20 group also added to the production cuts.

https://oilprice.com/Energy/Energy-General/Saudi-Arabia-Is-Planning-Even-More-Oil-Production-Cuts.html

"Opec officials added that the cuts could end up being much greater, at around a fifth of global supply. However, this would include declines forced on producers outside the cartel by the recent oil price collapse, like those in the battered US shale sector."

Not a time to be selling, but certainly a time to be buying AIMHO

GLA SR

I have a rather large holding in here (for me anyhow), 4mill shares, but I am currently 24% down - I feel that the sp has held up considerably considering the current state of the markets. Kept a bit ammo in case the sp drops further, but I personally feel that the ship has now turned and the next bit of news will be positive ;-)

GLASR

"Exactly - how can it possibly rise?"

Always expect the unexpected ;-)