Member Info for tom111

And perhaps they were better than expected to keep balance

On the 9th August we had the half year report it was very very positive with brilliant numbers,what happened the sp dropped from 30p to 25p for no reason then around the 20th August it took off the same thing will happen again imo when the dust settles

It would not surprise me if there was a big order behind the scenes

They are subject to appeal by JKX in the meantime the government owe them 12M after an appeal so its all up in the air atm

Barry first you stated there were no legals with ENW which is untrue,then you clutch at straws comparing one trading day to indicate the virtues of ENW, don't you think that's plain silly.Fact is ENW have huge CAPEX they need all the cash they can get hold of.The drilling depth I believe is three times that of jkx.Reading posts on ENW they seem rather disenchanted over the last set of figures.You keep to ENW and we will stick with this company

Looking at the chart we have had the dip with profit takers,new buyers coming in I think we may be ready for the next leg up imo

$12m is small fry in the great scheme of things,i wouldn't be surprised if jkx had a takeover in mind with all the cash they are generating.Interesting to see which share comes out best over the next couple of months,my bet is on jkx,each to their own gl

Excuse me ENW do have legal ongoings, re the suspended oil field which is in dispute and awaiting court hearings.They also have huge CAPEX apparently because the drilling is so expensive and the last results were underwhelming and the sp dropped.I think I will stick here where better profits can be had.

Probably blue at the end of the day

Just a case of sitting on your hands here imo no imminent news due but the outlook is too good to miss.

Filling orders???

Sorry who are they

rns said it was nearly complete,been 14 days since then imminent I would think.Maybe bidders are mulling over it!!!

Once the profit takers are all gone we will get even better rises imo

Yes seems that profit takers ruled the day on the news.How ever the results were so good it would be surprising if the sp didn't start moving up over the coming weeks in anticipation of even better news with 50p being the base line aimho

Charting is just a waste of time imo the only people who have made money here are the traders atm Theres a long way to go before results come out that's when serious money is needed if all is good imo.To make money on oilies imo you have to be in companys that are already producing and showing good profits because oil could drop back within a couple of years

Nice chunky buys coming in this afternoon

The predictable fall back again I see the silly billys were right

NT to buy small amounts even

Up nearly 4%