Not sure what your source is but don't expect any upward sp movement until an official statement released. Haven't seen such from MOG website or any other source I can find. Think it will happen this month though.
Yes but the sp has held up well since the recent large rises. Everyone's just waiting for positive news from one or more of the various prospects now. The 19th should be interesting and may see sp increase in lead up to that
Not ramping. I'm too small a player for anyone to take notice of. I just wanted to see if anyone else got the sense that the sp is on the up. I bought initially at 50p before anyone thinks I'm a smart arse : )
Thanks for the reply. It seems to me that the company would be in a much stronger position than before the ban came into effect and expect 60p plus. I'm still surprised that the sp hasn't move into the 20s at least on this news though. The news might be transformational but it's not reflected in the sp increase IMO
Thanks for the link Christian F. I think now's the time to start loading up. If the ban is lifted then we should expect the sp to rise to 50p+ (the share price before the Gulf of Mexico spill). I think that even the expectation of a lifting of the ban will cause the sp to rise significantly.
The share price is a lot lower than it should be through no fault of the company's. If you can afford the higher risk it could be worth buying £500 worth and putting a stop loss on at 4p. I've got £500 invested without a stop loss.
Yes, I am but this is one share you just have to be patient with. The company has several good prospects and there's talk about seekingcompensation regarding the italian banning of near-offshore drilling