Trinity Exploration & Pr... Share Discussion Threads

[mark10101] 11/1/2017 08:30

Looks like 7p to sell now and this is not even normal trading yet. Just seen 9p to buy. Good luck all.

[yasx] 11/1/2017 08:28

I took some more this morning, right at the opening. It was not easy and had to be worked.

[davr0s] 11/1/2017 08:28

I've never held a share rise 300%. Unfortunately my holding has about £5 pre readmission. So it will pay for the weekend curry now. Still a rise is a rise!

[gimmetheloot] 11/1/2017 08:27

Why can't I buy @ 8p

[houxty] 11/1/2017 08:25

I missed out completely, nobody would fill the order until they reached 8p. Too rich for my blood. Good luck if you are in or have bought in.

[gimmetheloot] 11/1/2017 08:25

Look at range market cap and look at this ;1)) 34 million range trin 3 million 10 bagger from here

[mark10101] 11/1/2017 08:21

Ross I had to pay 7p so at least you got them for 6.95p. Still a good buy but would have loved to have got them for the 4p indicative price they gave me when I put an order in...

[gimmetheloot] 11/1/2017 08:16

Range resources market cap 34 million this one 1.8 million trin has more oil more production wake up smell the coffee

[enewman36] 11/1/2017 08:15

Am I seeing that right, up 250% and there hasn't been any consolidation of any kind? Need to check my account to ensure that I still have the same holding, if so bloody happy days. Gla

[awise355] 11/1/2017 08:05

Halifax online stating no longer trade in stock! Have to call them:/

[kaos3] 11/1/2017 05:07

Good luck!

This is one of the "delisted" ones.In my portfolio. TRIN and SLE back. MTA too. TMAN not.

Which is not so bad after all.

[yasx] 11/1/2017 00:00

Any sign of that numpty PhoenixEquity who insisted no restructuring would ever occur? No, thought not.

[ffp] 10/1/2017 17:26

Good luck all...

[richie32] 10/1/2017 13:44

Quite a resurrection.

Looking forward to tomorrow. Whatever happens should be exciting

[ultra capital] 10/1/2017 10:33

A simple comparison is range resources which operates in Trinidad and Tobago and produces 800 bopd. They have a p2 of roughly 21m barrels of oil and have a Mcap of 35m. Trinity are cheap up to 20p per share (56m Mcap) and could warrant a shareprice based on current oil price and production of between 30p and 40p per share.

[griff2711] 10/1/2017 10:24

A opening price of 5p would represent a company that is producing 2650bopd of oil that is suffering serious financial hardship, not one with $15-20 dollars of gross profit per barrel they produce. Only have to look at comparative oil companies with similar metrics to see market cap of circa £12m would be ridiculous.

[yasx] 10/1/2017 09:37

A fair opening price would be around 5p - but, who knows where it will be pitched

[jungmana] 10/1/2017 08:39

What I do know is that firstly many of the placees are long term investors. Secondly Trin's fair value is at least 30p today. Where the market settles for is the big unknown?I will be happy to buy more under 10p as my average is about 24p and will be here for at least next 12 months. Simply want my money money back and a lot more.

[kaos3] 10/1/2017 07:31

listening to this bb - no chance of a rapid rise beyond hmmm 15 p.

many saying selling at 20 means 15 p sell

will be interesting. placees will be selling or holding / not buying. who is natural buyer ? - one interested bought at the recent placing - we are sellers at high enough prices.selling could dominate for some time as I see no mass buyers for some time at "our" prices

[comedy] 09/1/2017 17:10

thanks mate...think in short term will be volatility here...3 to 6 months and could be multibagger...so question is do you forget about share for 6 months and then resurface???