Genesis Petroleum Share Discussion Threads

[richie111] 28/4/2009 12:25

Interesting day so far, looks like a lack of volume stalling the a move

[wookie77] 28/4/2009 09:18

quite. If i had bigger balls and they offered a more generous spreas i'd buy some more!

[xak14] 28/4/2009 09:10

MM playing. Buy volume is greater than sell volume so far

[tournesol] 28/4/2009 09:07

i don't beleive that GPC could be bid for

their only assets are exploration licences in blocks where there is no drilling scheduled

who on earth would bid for them?

[wookie77] 28/4/2009 08:47

All very strange. Wouldn't be suprised if we finished blue though!!

[bazza33] 27/4/2009 21:32

There were 200k buys on Friday, as Wookie said, some-one knows or has been told something, the House Broker could have written a broker note for their client base because it looks like P.I's buying going by the size of trades......imo

[richie111] 27/4/2009 20:37

I have been holding here for a few months, one of many that had reached the bottom that have huge potential. But I can not find anything to explain the 50% rise or the volume today except that PI's are now looking to get back in to the market as things start to rise and this has the profile of multi bagger. Looking good if it continues.If anyone knows why please could they explain. TIA, IMO,DYOR

[5dally] 27/4/2009 20:10

I have not come across anything but as you say this stock is hardly traded so someone must know something, let's see what tomorrow brings all IMO and DYOR

[1q] 27/4/2009 20:03

Bizarre. This stock is hardly traded yet there were over 1.2 million shares bought today. That only amounts to roughly £120k - yet this is far more than normal. Has a tip sheet got hold of it ?

[ray164] 27/4/2009 19:31

Nice rise, but why now?

[wookie77] 27/4/2009 17:10

thanks. Still....

[barrywhit] 27/4/2009 17:06

Wookie,

The mkt cap. is approx. £16million

The Company's issued share capital consists of 169,472,291 ordinary shares with voting rights. Genesis does not hold any ordinary shares in Treasury. Therefore, the total number of voting rights in the Company is currently 169,472,291.

[barrywhit] 27/4/2009 16:39

a couple of sells at the end, but a good day for once.........same tomorrow please........

[jammytass] 27/4/2009 16:35

well done guys/girls good rise today more to come!!!

[wookie77] 27/4/2009 16:34

nice hold! more to come tomorrow for sure.

[wookie77] 27/4/2009 16:16

amazing 1 failed drill and they effectively write of the company. This is why there is so much money to be made out of Oil and Gas minors at the moment.

[barrywhit] 27/4/2009 16:09

It got this low because of the failed drill and some Institutional selling...hence the overhang of stock.......

[wookie77] 27/4/2009 16:05

its a wonder it got this low!!!! incredible. MCAP still only £7m! wtf.....

[xak14] 27/4/2009 16:03

this will be 15p by tomorrow

[barrywhit] 27/4/2009 16:02

MM's still can't find any sellers at this range......

[jammytass] 27/4/2009 15:43

10p > 11p today?

[wookie77] 27/4/2009 15:42

1.15m traded!! Another 100k and thats the highest 1 day volume for over a year......

[barrywhit] 27/4/2009 15:33

well lets hope it does Xak14.......

They are paying over 10p now.

[xak14] 27/4/2009 15:31

12.5p the new support if it crosses