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Share Name Share Symbol Market Type Share ISIN Share Description
Empyrean LSE:EME London Ordinary Share GB00B09G2351 ORD 0.2P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 8.375p 8.00p 8.75p 8.375p 8.375p 8.375p 22,950 07:50:09
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.0 -4.0 0.3 27.0 18.58

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Date Time Title Posts
23/8/201618:25EME - Post Sale of Sugarloaf Asset335
05/7/201608:09EMPYREAN ENERGY (EME): CHART AND DISCUSSION THREAD (moderated)46,101
29/9/201522:27Empyrean Energy22,096
09/12/201409:14WHY HAVE THE AGM SO QUICKLY?27

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Empyrean (EME) Top Chat Posts

Empyrean Daily Update: Empyrean is listed in the Oil & Gas Producers sector of the London Stock Exchange with ticker EME. The last closing price for Empyrean was 8.38p.
Empyrean has a 4 week average price of 7.58p and a 12 week average price of 7.18p.
The 1 year high share price is 8.88p while the 1 year low share price is currently 4.25p.
There are currently 221,833,583 shares in issue and the average daily traded volume is 1,022,279 shares. The market capitalisation of Empyrean is £18,578,562.58.
2lb: WTI $38.3 The rise in oil over the past weeks and its stark contrast to the fall in the EME share price speaks volumes for the strategic brilliance of the BoD.
nickb: 30% off sheds at B&Q if that's any help. I cannot believe the EME share price it must have hit the bottom and I would have thought results should produce a bit of a rally. Good luck.
tadtech: I can see no material reason for the share price drop from a operational or fiscal perspective. I listened in last night to the AGM proceedings and took a look at the accounts, EME are profitable. Now add to the mix recent nearby corporate actions that have read across values way above EME's current share price and the fact we know EME is a willing buyout target. The clue is the market makers were happy to take 1m shares (unheard of for EME) at prices between 7p/7.5p for most of the morning. It did not tempt many sellers. Even as the share price 'dropped' market makers were happy to take stock but it was nigh impossible to buy at times. This is not the case when a company has bad news about to hit the market. I now move to the possibility that news may have leaked. Normally RNS statements for the next business day tend to be lodged towards the close of business, in the case of EME the selling attack started around 1.30pm (midnight in Australia) so this potentially rules out a RNS lodge for Monday. I therefore conclude that we either have a distressed seller (very likely) or it is a co-ordinated 'attack' on the stock by an entity or entities who may be seeking to acquire the company. EME is rather a unique case because there appears to be a very firm private shareholder base who will not give up their shares easily. If it is an entity wishing to bid they need to accept they will have to pay the going rate which is north of 15p IMO.
nickb: Did you know that EME share price is 10x higher than CAZA
enamel: The EME shareholders base is strong and has held long term knowing that the share price is cheap. Obviously,investors are looking for a higher share price to enable them to exit at a profit. Many consider that this is most likely to happen as a result of a take over. However, a timely move by EME to take over another oil company wanting to release their shale assets are or are in need of a merger to assist with funding would put a rocket under the EME share price
the guardian: Nick, if history is anything to go by, there will be a significant lag between the rise in the price of oil and the recovery of not just the EME share price, but that of all oilers. Like you, I hope that something gives soon - preferably without it having to be down to terrorism or war in the Middle East.
bam_bam_matt: Anyone of the opinion this might actually get worse before it gets better? Where that leave a the EME share price...who knows? What I do know was that 3p was a definite low that held back in the day. It's seems ridiculous to think it could ever be that low again. Bottom line I really don't think this could go that much lower. Not that it is much comfort for us.
enamel: There is no doubt that this is one of the best threads on Advfn with a variety of views. I try to read the many informative comments. The minor daily gyrations are best ignored. The price of oil is obviously important to the future of EME and to the world economy. But IMO it is not wholly responsible for the present malaise with the EME share price which has hovered around 6p for much of the life of the company. When assessed against normal criteria the share price has been historically too low relative to its growing assets, profits and prospects. The market is aware of this but it has decided that a low share price is appropriate. Unfortunately the BOD has not changed the situation by the adoption of measures to develop and promote EME as a fast growing company with an exciting future. Good timing and high motivation are also essential. These attributes are not obvious to me. All in my own opinion.
nickb: Yet you also sow many seeds of doubt. Lgo holders might need to sell us to pay for losses. Baytex dropping, mro at lows etc etc etc. Fitzy Other shares like LGO do have an affect, many here are in LGO, others may choose LGO over EME to buy. MRO and Baytex hitting lows is relevant, they are our partners. EME share price has to be seen in context of what's happening around us. There is no doubt EME is undervalued we have just had a major upgrade and the broker now says 20p Some of you guys need to have more CONFIDENCE in this investment
tadtech: Entities are 'working' this bulletin board for their own interest. It is clear as crystal. Not your usual de-rampers either but folks with historic posting history. Extremely disappointing! In an illiquid and rarely followed stock like EME bulletin board sentiment can effect the underlying share price make no mistake. Put off a few new prospective buyers, de-stabilise a few weak holders and the obvious happens, down she goes. I have noticed as soon as the EME share price starts to rise out 'they' come. It happened when the share price passed 9p in May and it has/is happening again after the share price looked like rising through 8p after the recent reserve upgrade. It is obvious who they are but they offer no remorse to the likes of Stewart3258 who has owned up tonight to EME related tax losses of £130k. Shame on them I say, they know who they are! In the meantime EME remains one of the best shale plays on AIM. The recent reserve upgrade says it all, revised broker target of 20p. A slam dunk buy IMO.

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Trade Type Trade Size Trade Price Trade Date Trade Time Currency
O 10,000 8.05 24 Aug 2016 09:58:53 GBX
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