Member Info for stuartlwright

A large spread exists when a market is not being actively traded and it has low volume—meaning, the number of contracts being traded is fewer than usual. Many day trading markets that usually have small spreads will have large spreads during lunch hours or when traders are waiting for an economic news release - I'd go with the 11am update

Ouch - Thats painful!- all you can do now is; sit, watch and drink beer to numb the pain - get well soon

I've been here for a long time (smallish holding of 140K shares) - Ive not had much luck with other AIM shares with corrupt CEO's etc - I was always told to buy on the rumour and sell on the news - for me, I have always been in this share for the long term - not just about money, I want SAR to be extremely successful in developing drugs that can help people (in particular with Cancer) - I am most likely one of those that will be forced to sell out after a buy out from a big Pharma - Good luck all

Maybe an AGM to agree a major farm in partner? Pure speculation but who knows?

Just topped up like many 2:1 Buy to sell ratio - People are still confident

Thanks gmcc - I will keep more of a track on this BB - I steered away from LSE chat in the past due to, too much guff and personal abuse of posters - (admittedly on other shares) - sounds like this discussion thread remains positive whilst trying to keep open to all views - fingers crossed for a good CPR and positive RNS soon - GLA

Thanks Woody

Over the past 3 years I have been involved with 7 companies within the AIM space - After careful research on each I have invested what I was willing to risk - (good job, as so far I have had 3 dogs following; over promising, tongue in cheek "sales" comments from CEO's and one absolute after blatant lying) - hence, I am now considering if all the positive messages we hear, are messages that you can really make investment decisions on. I am a holder here and hope this will be a share that helps me to recoup my losses thus far, but I do have concerns:

* We have a letter of intent - not an actual contract of licence extension - is it really worth the paper it is written on?
* We have a CEO telling us about the "potential oil" we have found - is he another one of these over promising, over excited CEO's
* We have a share price that is estimated to be massively under value for the assets we have - why is it so low then? - does the market not see it in the same way?
* Is the delay a tactical move whilst they negotiate more % equity in return of us writing off the IOU notes?
* It went to 17p in January on no real news - now we have proven oil (allegedly) but we are down to nearly half of that price
* Is the share price so low because it is anticipated that we will need to raise again before we can extract oil from the ground?

Believe it or not I truly believe the prospects here are amazing, but I would love to have some open and honest debate on this thread (not ramping or de-ramping) to really question the investment opportunity

Sorry if these topics have been discussed at depth in the past

This thread, for clarity is just airing some of my concerns and observations - I am still keen on this share delivering and have no motivation to sell - just looking for honest and open views

Thanks in advance

To be fair - If I was in his position I would be feeling pretty gutted that all this great news (that he was very excited to sort of share last Thursday) managed to drop the share price significantly after an official RNS - he's probably thinking FFS! - lets see how it pans out this week

https://www.proactiveinvestors.co.uk/companies/stocktube/11712/anglo-african-oil--gas-confirms-multiple-discoveries-in-tlp-103-well-11712.html

Thanks

Can’t wait to see what is making DS smirk like a Cheshire Cat in an official RNS. Am I right in thinking that 20p will need at least the news we are expecting given that this is the trigger for Management shares

I found this interesting to watch

https://www.youtube.com/watch?v=nRxhNtpp3Xk

Thanks Fellrunner75 - interesting analysis - The trend looks so manipulated (I just put it down to the MM's - but WTFDIK) - But do agree with you on the stopping out thought scenario - Never seen such huge downward movement on a share with generally more buys than sells each day and at this point during an important drill supported by so much analysis - GLA - have a restful weekend

Just over 3M sold and over 5.5M bought and down 12.5% - don't think I will ever understand??

Gas Sales Agreement ;-)

Thanks Crude - appreciate the overview

23rd March 2019 for me;-)

It amazes me how some here are so quick to moan about being kept in the dark and then turn an informative (all be it reconfirming basics that what we already hoped - but did not know) into another negative - Excellent to finally find out that we are aiming to spud next week - I am keeping a level head and a balanced view as this next phase is important - For me, knowing something is better that guessing and knowing nothing!! GLA

Good to see a bt more activity on the WebCam from yesterday