All buys apart from 1 X 100,000 which was a late trade but im assuming that was a buy as well. First oil in December. Athena field near completion. Vessel to deport from Dubai to make way to the North Sea. All looking good to me. Sold a little more of CHAR and put in here again.. over 50,000 here now. Possible bid price 24p..
today morning for my SIPP. Court hearing was yesterday and LHD are confident they will win the case. Should hear something before Friday and once court issue is resolved, we should see an offer price.
No idea mate. Taken from III. But i do know looking at the fundamentals and LHD will be earning 2000 barrels per day net from the Athena field for over 3 years and more money to come from the sale of their fluid company, the Buy out price needs to be over 20p minimum. It also has 7-9 licenses in north sea with mixture of discovery of oil/gas and some in exploration stage. No debt..so its a no brainer to me.
There is no question about it that this wont be a multibagger. The SP pumped this up by short term traders. Tell me where they are now?? They have pumped this up so that they can sell out. Now its dropped on no news. Those people will be back sooner or later. The SP needs to go up on its own fundamentals and news. So Mike i agree with you this will go up, however currently i wont buy until the bottom has been reached.