Member Info for Wryape

8.5m buy and a 3.5m buy. Chunky!

Looks like MMs ran out of cheap shares

He only sings when he's winning...

They don't need to raise capital before ARA drill. Suggesting they do is total scaremongering

So you buy when a few others are buying and sell when a few others are selling. And obsess over every daily share price move.

Sounds like a poor investment strategy, as well as being time consuming and stressful. No wonder you always seem tetchy and on edge. Just chill. Or sell.

People sell, people buy. It's all part of the market

I base my investment decisions on what I think the true value of a company is rather than what others do.

Looks like your timing is impeccable pageofcups

That's a direct quote from Warren Buffet. Forgive me if I take the view of one of the most successful investors of all time over someone, and let's be fair to you here, whose biggest achievement is posting a load of old guff daily on here.

If you understand the market then you should understand that the stock market is a device for transferring money from the impatient to the patient. So chill.

It's up 80% in 6 months. And the volume on that 20% drop off the high has been piffling. Absolutely nothing to worry about.

Not inevitable, just likely from here. And well worth the risk/reward at these prices.

That's my kind of share price slide...

Id take another 83% in the next 6 months any day (and I expect we will exceed that)

The volume on this pull back has been pretty weak. We won't need 'big spenders' to reverse it. Updates will come at the agm at the latest so just chill

The trend for the share price is clear, the licence award massively de risks us and we have fully funded drills coming up. We will see 3p before 1p. If people don't have patience and want to churn their holding then fair enough, that's how a market is made. This focus on daily movements is beyond me, nothing goes up in a straight line.

Last chance to pick some up under 2p?

I think we will have a few people buying back in at these levels - once they realise its not going to drop back much lower for them to re-buy

Perhaps the better term might be investor relations. The important thing is they seem to have grasped that they need a regular flow of information to investors and the market, whether that is through RNS or other channels

Good volume yesterday so I think we will have seen a good chunk of shares out of traders hands into those of longer term holders. Bigly de-risked now. And I suspect that there will be a run of information to be released off the back of this announcement. Aex seem to have got the point of PR recently.

"We are ready to launch work immediately to bring this onshore development project into production,” said Erhan Saygi, General Manager of ARA Petroleum Tanzania (APT)

Well that does sound encouraging.

Added a few. It can move up to that fair value now :)