Member Info for TopTraderTR

Another TR1 incoming

Seems like Buy after Buy after Buy at the minute. Volume at over 30 million. It’s trying to break the 0.7 barrier and the 50 Day Moving Average.

It’s up with more buys than sells

“Without the need for dilution” that is what I wanted to hear. "We're pleased to continue to deliver significant improvements in production, which have resulted in a further increase to the borrowing base of our senior lending facility. This provides us a lot of flexibility to grow from here using existing resources, without the need for dilution."

How did you come by these numbers and infomation?

Last years Q3 Update was in the 8th of November, roll on next week.

Yes it would be nice for them to reduce that debt down a bit.
Also the market will want to see them in profit by the end of the year, which they have been promising for a while now.
I would be very disappointed for them to do a placing if they are generating record revenues like last Quater and also completing their planned upgrades for the year.
You never know though ???????.

I think of the Q3 figures are positive and better than Q2 the share price has no choice but to rise. With more wells coming back online, it has a very good possibility ???????

I can’t believe the SP is only 2% from that news.
The market has to catch up soon.
Time to add more

The dip below 0.05 got bought up quick though.

Did Heluim just dump a load more shares?

-Volume increasing and above daily average.
-MACD turned positive and Trending upwards since 8th of September.
- RSI oversold and starting to curve upwards.

It would be nice to get a decent rise and finish the day above the 8DMA but that hasn’t happened yet.

I think it’s people buying it for impending results, super low SP and technicals look ok.

Seems People are positioning them selves for the hearing next week.

I’m a bit disappointed by the results today. I hope they get the local bottling sorted in the USA and new the China distribution really increases volume and profits.

I think they will have a positive impact on the SP. The last 5 TR-1 forms have all been investors adding to there positions, no one is in this game to loose money. So why add more shares if you weren’t confident or didn’t know something? Just my view on it.

We will see in the results soon.
I’m in at 0.049 looking a for a short trade at these lows.
I think the results may surprise a few.

Well it’s at an all time low. With final results due in January.
They have cut costs and restructured after an acquisition.
Seems to me that they are getting rid of old contracts with bad debt and replacing them with long term contracts with better customers.
If the results show they are now in profit the SP should rise to show this.
Have a look back through some of the recent contract RNS and results to see for your self.
I am currently accumulating a few at this price of 0.049.
Good Luck

Can anyone explain all the small trades at 08.23?
Shorts closing?

Couple of 10 million buys. Will it break out the down trend and Potentially break the 50 Day Moving Average ?