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EUA bagged many times and is sat at over £700m market cap. This is nothing like it, get to a few pound and it might be near.
Seen them many times at a premium. If one was to come, I would expect it at a premium to the price now. However I've had my share of horrible placings, they were only short term though, long term they were a big winner. Either way this has got to be a winner from here long term. Serious amount of oil that if confirmed up more has every chance to change a lot of share holders life's. It's a historic find in a good jurisdiction.
With all the traders and long term holders who've seen it to many times out talking placing. I have one question.
If tomorrow morning there was a primary bid placing at £1 a share for COPL, would you take part?
Who is to say if there was a placing it is not a premium. The find certainly warrants it.
Today looks like standard up down patterns. MM's shaking out traders and weak hands before settlement day. Volume still strong but its taking a lot to break 40p.
Personally I think someone big is building a stake and doesn't want to pay more than 40p.
Yeah, expecting 80m of it, found 12m. Imaging etc not accurate to what the LWD found.
Indeed, catching the falling knife for a punt, hadn't quite hit the floor yet!
Just need patience, I loaded last week and will hold till this is in the pounds. 1.9Bn barrels has the strength to keep a share's momentum for a while, I bet most of 88's holders still don't know... Great future here for those willing to hold and forget. Portfolio maker for sure.
"Can't" you mean ;) Same, quite hard to buy also, clearly a cascading stop loss hunt like dominos taking all out. Risky but I see it as a massive sale. Lets hope something can be salvaged for ADV
I'm off similar thoughts, even at 10x current price, there is bags of money on the table for a take over. Onwards and upwards. The more time I'm in the markets, the more I see the need for assets to be valued fairly. I personally feel there should be a protection law that a company can't trade much lower than its net asset value. All sorts of criminality exists in the business world and allowing companies to fall so cheap is dangerous to a nations economic performance and standing. There is also a dog load of s**t valued at extreme highs it never should be. Mr Market seems very drunk these days.
Same pool? One in 10,000 can be luck, 2 in 10,000 in a few days is a pattern.. maybe. Watch this with interest!
When over 1bn barrels is announced its going to attract some new faces. I've watched for well over a year. Nearly entered a few times recently and even last week at 0.18 I nearly did. However I did the day of that RNS. Bought more today. It was a big one. Looking for some 2022 risers in the portfolio ;)
Money flow well on the rise since after a lunch break. Minus the natural waves a consistent rise since yesterday when it was 33p but the share price falls. Interest is here, being held till either a the seller clears or b the big buyers with limit orders get filled. Demand strong since lunch is over again but there is also still sellers giving them away. Fun to watch.
Re read the placing RNS. No warrants on that is there? Very nice.
This is the thing, there is many games at play especially when volume comes on heavy. CFD/Spread betters get played too and drops and rises are to take them out. How many have been today? Loads no doubt, good profits for Plus 500 etc. Worth holding some of those spread betters.
Hi Seaman, I like the idea TC. Makes sense to really expand distribution without having to make all the relationships with buyers. A big frim with all that in place would do very well with it, but agreed not too soon!
Hi TC, Yeah all good thanks, hope you are well too. Yeah it's really helping the rise over there. Just wondering if sales news can come by the time lockdown ends and it stays strong. Great performance so far with BELL.
Wonder who will be doing it? Are they the big buyers of the last few days...
You can see the orders being filled on a few platforms. Watching the money flow (15min) its been on a rise since yesterday lunch, dips at lunch always, just dipped now for lunch too. Bullish divergence there as the share price has fallen while the money flow has risen. 100% orders for regular customers. Still more buys than sells and my 10k share buy for my Sipp today showed as a sell.
Moving in sympathy with it today, BELL has surprised me with how strong its performance has been. Lock in clearly works. May well not come back till that ends and selling starts.
Just watch the interview, if that isn't someone putting the company up for sale/ JV I don't what is.
https://youtu.be/YT8syYM3zcg
Halving, bloody auto correct.