Solo Oil Share Discussion Threads

[runwaypaul] 22/11/2016 15:39

around 25/27 atm

[c31161] 22/11/2016 15:38

Spread 30 odd%

[runwaypaul] 22/11/2016 15:37

60/70%COS appraisal

could be a lovely move coming here gl

[edgein] 22/11/2016 15:24

No longer a notifiable interest from our seller! Shouldn't take long to clear the last 196m given the daily rate these are shifting in volume. Once they go, where will they get the supply from? :) wow volume now 170m, highest i've seen since accumulating over the last 6 months.

Regards,
Ed.

[runwaypaul] 22/11/2016 15:24

Ep haha! reckon theyre keeping the last ones as a free ride.

[tromso1] 22/11/2016 15:23

Epsilon now under 3%

[runwaypaul] 22/11/2016 15:17

smashing it in @.26 now

and so they should.

[runwaypaul] 22/11/2016 14:49

offering .227 for 1m

[c31161] 22/11/2016 13:36

Don't get excited the spread is massive

[runwaypaul] 22/11/2016 13:15

o go on!

.30 on the ask pmsl

[c31161] 22/11/2016 12:59

I'm praying for .5 to break even none of this so far excites me

[runwaypaul] 22/11/2016 12:56

paying .248 now.....

[ileeman] 22/11/2016 12:30

They want 0.23p now which is a big jump 30mins ago at 0.222p

perhaps most of the supply is gone, let see.

[runwaypaul] 22/11/2016 11:03

got to be a good chance Ep have finished selling imo

[edgein] 22/11/2016 10:14

Well we've done the same volume as yesterday and its only 2 hours into trading. On spudding day I could see us doing 300m+ as people jostle for the last of the cheapuns. Its potentially only a 45 day drill time (45-60 days estimate). So you could see some T20ers coming in too.

Regards,
Ed.

[scyther] 22/11/2016 10:03

Ok so they need roughly double the amount in volume...That's still the best part of another 500 milWatching for now anyway

[runwaypaul] 22/11/2016 09:08

someone taking 3m chunks @.23

[edgein] 22/11/2016 09:03

Scyther,

I doubt it will be even that much. They sold around 230m in a week that saw around 500m traded. The amount of non-insti selling at this level won't be that great as most will know how close we are to spudding N-2. The closer we get to activity here the tighter others will hold and run out of time to accumulate before the action starts. I'm expecting higher than average volume very soon, last we heard was that the rig was up and they were running final tests. They were on schedule for December spud, so if they are on time that overhang is on its last legs. I'm expecting the share price to move rapidly once the seller is cleared as N-1 (discovery) let alone N-2 (appraisal) isn't in the price of these.

Regards,
Ed.

[scyther] 22/11/2016 01:14

How can they have 100 mil left when they had 280 mil on Friday and today's volume was 50 mil? We need around 750 total volume to clear their holding IMO

[c31161] 21/11/2016 16:33

They probs only got around 100m left now

[ileeman] 21/11/2016 16:19

Below 3% isnt it?

They cleared over 200mil in one week, they will be clear before you know it.

[come on] 21/11/2016 16:19

But the constant selling will cease