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....more stake building today. Mms will take 150k shares at 25p no questions asked, yet can only give 25k shares without setting trade plan. I wonder at what price SAG will stop buying?

...background. That isn't the first 10 million buy at above what these should be trading at....
Good news coming?

...to see that mms are taking any quantity at 25p and yet it still occasional goes to NT for buying.
I suspect some big buy orders in the background.

...an awful lot of conjecture as to whether dilution is already priced in.
We face next week when EDL has millions of extra shares to be absorbed.

I'm so surprised/pleased to see the sp hold up so well.
What do people think will happen? Will EDL hold recent rises?

...when placing shares clear this will really motor.
How long till they are gone I wonder.

...flowing. It seems to be one of the most loved/hated shares on social media at the moment.
Yesterday it tried to break out from 13s a number of times. Each time pulled back by placed shares and profit taking.
Theres still some big news to come re licensing and contracts.
I think it will eventually test high 13s again today, but it really is a slot machine to opinion.
Definitely still profits to be had if pis time things right. Just my opinion.

If that's the case no advice then all well and good.
A company buys 17.5% of EDL out of the blue.
I smell a rat, or is it roses I smell?

....to come on the market. Logic would dictate that the sp will fall to around 0.003p.
But if that's the case why did 17 % exchange hands for a much higher sp? Why simply not wait?
Far more to this than meets the eye.
That's why I'm still here.

...dreamland I was referring to a strike by Schlumbrger making a strike on their average next door alone, not including the future production from BLOE. A similar result to 16a from Schlumberger would prove extent of field and almost certainly ensure future succesc from BLOE drills. The Schlumberger success will take BLOE to 25p regardless of the sidetracked drill which is hoping to replicate 16a.
Sidetracked success and we are talking 40p plus with ease.
Patience required to double then treble current sp.

...week from Tuesday onwards as Schlumberger are due to announce their drill sometime about now onwards.

If they prove the extent of the acreage geology wise, we could all be in dreamland, 25p anybody?

...that first tranche of placed shares are added overall number in issue? Are they available to trade from today?

...some iis are ready to take 200% early rather than wait. They aren't concerned with what will or maybe wont happen. They just want a return. There will be another TR1 in my view saying another load given up to mms in realisation of large % profit.
These shares will eventually trade higher as pis get more shares from 'sticky hands'.

...Trump or Potter.
Time after time you've promised yet failed to deliver.
We are at last chance saloon in the next few weeks.
Any chance of positive news for shareholders Mr Potter?
I'll wait .....

Remember topshare that we have millions of places shares to clear. So anytime this goes on a run the sp gets pulled back by placed shares getting sold for 25% plus profit.
That's why even on announcement of a deal we won't see the expected zoom to the moon immediately. Just my opinion.

...looking in, I see today's activity an insurance posturing.
As shareholders we are unable to act for FOUR days. During which an announcement or leak can happen with BPC.
Imagine a deal filtering out on Friday or Monday!
Taking a position today means that if BPC went to suspension or NT on Tuesday, new investors, or those acquiring top ups on their positions would be insured against news.
We are nearing an anniversary since last significant RNS and another could come at anytime.
As the saying goes; you need to be in it to win it.
I've topped up today purely because we are getting close and I'd rather sit back and watch a re-create than to try to enter at over 4p when it's all too late.
Having said that, news may still be weeks away. But I'm convinced news will come. Like the rest of us on the board I have no idea when that might be.

Thanks for that detail James, helps me understand time frames more precisely.

shut in must be due anytime, maybe Monday?
I'm looking for a sudden change in volume to give us all a link to the awaited RNS. It's too quiet to expect anything today or tomorrow!

...to all share holders here. I had £166k in AFREN and got wiped out. It took two years for me to recover.
Shareholders here have been bent over and shafted despite a rescue proposal.
Cant believe how the lenders have walked away with the business.

Market cap just too small

Best post of the morning.
Such few words but it says it all.
Fun all week here. Fireworks to come.

...GKP days. I bought at 19p and sold at 33p thinking surely it couldn't keep going up!
Then when the level of their find was revealed it zoomed up another 200%.
This mornings RNS shows someones degree of confidence isn't based on a gamble.
So I was thinking of top slicing at 15p. Now I'm more than happy to sit, wait and watch.
Holding isn't going to cause me sleepless nights.