The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Not sure there is much to pump and dump at the moment, the last couple of RNS’s about acquiring all of Engsolve Engineering and also Protos was good news. They seem to be taking control of the project and making sure they have all the say in what happens.
Share price is super low and massively over sold. Momentum seems to be turning postive and any positive news should let the SP run a little.
Some very large trades today and they all look like buys to me?
Is the new bottom? I like the technology if they can prove the concept on a commercial level.
MACD - Turned Postive
RSI - Oversold and Turning Up
SP - Sat in the 8 Day MA.
Volume - Up almost 20 million shares traded.
FYQ1 April-June production results could be reported in July.
Discount Placings are never nice, but surely they most see somthing positive In the first well they drilled to be buying 100% of the WI. Then also expanding there ground and 2 more well bores. You wouldn’t do that for nothing surley?
Huge £57.7k buy at 16.16pm, were they trying to fill this order with the dip today?
I love the pictures and video updates but we need an official RNS to send this higher on good flow results. Good flow results would set this company up for further drills and exploration.
DL Oil video
https://twitter.com/mrr1chmond/status/1669347435196600320?s=46&t=XyfBTfKBFxdrc6GXCMdIsw
Bit of interest since David’s last couple of picture tweets? News due may be?
Https://twitter.com/davidlenigas/status/1669335766043099136?s=46&t=XyfBTfKBFxdrc6GXCMdIsw
Shame it’s at a bit of a discount but happy it’s to exspand the business further and directors are happy to buy.
"We are very pleased with the development of the business which has met and then exceeded expectations set at the time of the RTO and we are delighted with the strong support of existing shareholders in this fund-raising. The funds raised will give us additional firepower to accelerate client deployments and to continue the rapid scaling of the business."
Has there been any recent news on the telegram group? Especially from David?
Topped up today, work over rig on-site and new oil storage installed. They seem super confident that oil will flow. Can’t wait for results in a few weeks ????. Hopfully this is the bottom for the SP.
Does anyone have any ball park figures as to what Celdaon should be valued before sales arrive? Or alternatively a share price it is likely to hold at?
I know it’s a very open question but interested in peoples thoughts?
My biggest holding in my ISA. This company is going to be huge. First mover, in demand product, roll on the sale contracts.
News not due till end of the Q1 fot one week left.
This news is mental and a huge game changer
Home office licence and form of sales will send this rocketing.
I never exspected this kind of rise before the Home Office Licence anouncment. Low share float and potential blue sky company being the first in the uk to be able to grow high THC medical cannabis. What’s your target because mine is way about 88p.
Definitely still have a big sell looking at trades through the day. If its still Lombard they can’t have much left. Not sure they have to release another TR1 now they are under 5% but could be wrong.
Nice buy on the bell though.