Crude still creeping back up in price Dan, can't be long before we hear about the uplift, surely the front puffin is near bursting by now, unless we have had a period of maintenance
So we have a new research note to look forward to, the selling of the stored crude, aje deal completing, Nigerian auctions to win upto $100m, new wells to be drilled at oml113 to double, triple production.
Price done well today on what I would say low volumes considering the amount of shares in issue, be interesting to see what a high volume day would turn out
Dan I really want to know if they have had a uplift as that is a lot of oil, was hoping they would of had another investor call so I could pose the question
Have noticed a lot of big bed and breakfast trades recently, if that's what you call it where they sell the shares and buy them back slightly higher straight after. Didn't think you could get accounts anymore where you can buy shares and pay for them 2weeks or whatever later, unless you sell and buy straight back to extend the time to pay by another 2 weeks
Looking at the investor percentages on adme website, shows there is a large percentage of the company held by a few, not a great deal in public hands or in free float.
As for Prince Arthur eze , adme never mentions him at all in the announcement, he is neither listed on oilbank international company limited website. But search engines do show a link to him been chairman of oilbank international limited which gives a 404 error. But that is not oilbank international company limited.