Are some well connected / professional individuals astutely managing an exit .
Or :
Are Similar individuals carefully building a position .
Or:
Are the recent strange trading patterns of buys and sells many marked `Unknown`, many cancelled and then rebooked and many late reported trades effecting opening and closing prices ~ just the `Norm` .
?
I don`t think so , even in the disreputable AIM , which has all but zero discipline and control .
The current sp is the only clear indicator that I can see .
One thing I do know is that CH is currently twixt a rock and a hard place . I`m sure he knows he has some serious issues to address to rebuild confidence here .
No more buys for me until I see which way the sign post is pointing .
GLA
Are some well connected / professional individuals astutely managing an exit .
Or :
Are Similar individuals carefully building a position .
Or:
Are the recent strange trading patterns of buys and sells many marked `Unknown`, many cancelled and then rebooked and many late reported trades effecting opening and closing prices ~ just the `Norm` .
?
I don`t think so , even in the disreputable AIM , which has all but zero discipline and control .
The current sp is the only clear indicator that I can see .
One thing I do know is that CH is currently twixt a rock and a hard place . I`m sure he knows he has some serious issues to address to rebuild confidence here .
No more buys for me until I see which way the sign post is pointing .
GLA
I suspect that some were expecting a definitive statement on flow rates today .
The price investors are paying for misunderstanding RNS , and a price the Company are paying for releasing information that while accurate , is not 100% clear , obvious and simple to understand . People really should not have to contact the business to clarify the current state of operations .
Unfortunately the consequences of misfortune and delay have had a dramatic affect on the credibility and value of the business .
But ~ Everything still to play for , but we may have to wait a few more months . I would hope that by the spring there will be an even more dramatic reversal of fortunes and that the potential of Paradox is at last revealed .
VGLA .
MT .11.06 : Totally agree !
Although events have also conspired to facilitate gambling activity and as you say ; the MM`s love it .
Unfortunately in these circumstances some potential investors have become collateral damage as the sp has weakened .
With the likely possibility of positive developments early 2024 , perhaps the 3.7 M sale this morning is an example . It is also necessary to put into perspective external market events which have impacted the value of the Company over the past year or so . Most O&G exploration Companies have suffered similar declines , and of course this general AIM malaise must have had a considerable impact :
"~ London’s Alternative Investment Market (‘AIM’) now appears quite dramatically oversold, following a decline of more than 40% relative to the FTSE All Share over just the past 2 years. ~ "
Next year should (I hope) see a dramatic return of interest / success / value ~ and personal fortune .
VGLA .
Anyoneforcricket ~~~ At last ~ I`m not singing solo !
Same Hymn page .
I fully understand why CH would wish to `Go it alone` , any partnership will dilute his authority , his control but most importantly his considerable financial interests in this business .
The blow out this year has changed everything , it must have changed the original strategy . CH seems to have been very reluctant to accept this and its obvious consequences . Without the support of a viable professional partner progress is likely to continue in the slow lane and the risks for private investors is likely to increase . As mentioned many times ; Zephyr may be asset rich but , it is cash poor and simply does not have the critical mass to drive this project forward . Ironically , if CH does not secure the support of an honourable partner , the Company may fall prey to some unwelcome takeover .
My feeling is that the reality of this situation has dawned and that CH is quite possibly working on securing an appropriate partnership or JV , perhaps even as a top priority ~~~ I hope so !
I continue to believe that Zephyr can not `Go it alone` . There seems now to be too much obfuscation , secrecy and information vacuum . I`m wondering if progress with some partner for a farmout or JV are in fact being advanced and that information flow is being suppressed until talks or an agreement is finalised .......
Otherwise ~~~ YAaawwwnnn !
VGLA .
19.41 : You are absolutely correct Elland , But , you`ll never convince the `Armchair Roughnecks` whose closest association with an oil well is a petrol pump at Tesco . Then there are the over ambitious pay roll clerks who would be CEO`s , but their expertise extends to the preface in `Company Management for DUMMIES` .
Then there are the the Tricky Traders , The Dyslexic Dopes who don`t read RNS or the Company Web Site and of course the Mischevious MM`s who are happy to fan the flames in any direction because they never lose .
Fortunately they have all had plenty of airtime over the past year , so we all know who they are and how to treat their pearls of wisdom .
The Circus will leave town next year and I hope to see them starting to pack up in the next couple of months , but in a perverse sort of way we have to thank them all for facilitating an investment opportunity at c.3p !
VGLA ~ Investors .
If they haven`t found a Partner ~ Almost certainly Bubble .
I`m expecting a JV or Partnership in the next six months .
They simply do not have the critical mass to exploit the potential .
The game seems to me to be one of `Proving the Potential` and setting up the sign posts .
CH will want maximum return for his 10% share ~~~ and so do we !
LOL ! ~ and such a silly article that has a myopic perspective on the ZEPHYR .
.
Good to see you around MT . Of course even looking at timings and mid prices making clarity very difficult to translate , I would be most interested in your view regarding recent `Trading Patterns `.