Fatfish.No I don't believe the reporting of trades is genuine,however the volume is quite significant.Given the fundamentals here it seems strange the share price has dropped and now appears to be stuck around a price range and even good news isn't shifting it I suspect there has been a reason for the volume and drop to the current price range.
I wonder if the board not wishing to dilute is about the concern for shareholders or if there is another reason. |
who holds the stock ? the people who think it's a bargain at these prices.
But then it goes lower and hit peeps buy order.
It goes lower, mug punters like myself think, wow this is a bargain.
But it goes lower.
Now the traders pile in so does everyone else, it goes up mr 10% sells and then the price will be played until the next big news, which may make the share price rise or fall.
Nothing exciting is going to happen here until that news.
Either way some win some lose
Ps. do you really believe the trades shown by ADVFN |
If there are more sellers than buyers who holds this sold stock.Market makers won't be holding the stock.Since before Christmas we are talking millions more sells than buys . |
Quite agree dragon35.
It needs de-listing from AIM, pronto. |
This is trading like a penny stock right now. I cannot wait for them to get this on a proper market exchange so we all make decent money when it trades at a higher valuation. |
‘In the Bucket list for a reason, Afentra has a target price of 100p, I am highly confident that it will have been increased before long, top management, great assets first class returns…’ |
Very interesting article indeed, some background information on what is happening on the ground in Angola and validating data which should come out if another 5% can be brought in these blocks |
Well good to see article confirmed and fingers crossed it goes through, existing cash used to fund the transaction |
Great to see you back MT |
'One for #AET holders: Junior oil companies Afentra and Kariya duel for Etu Energias assets 👇
- "Unable to raise sufficient funds, Angolan company Etu Energias (formerly Somoil) is putting the finishing touches to the process of selling its interests in producing blocks 3/05 and 3/05 A, in which it holds 10% and 13.33% respectively"
- "The sale of the two blocks is estimated to be worth between $40m and $50m."
- "Despite the substantial bank guarantees offered by Kariya Energy, the duo formed by Afentra and Maurel & Prom, already operating on the licence, is currently by far the best placed to win these new Angolan interests." '
James on X |
hTTps://www.africaintelligence.com/southern-africa-and-islands/2025/03/18/junior-oil-companies-afentra-and-kariya-duel-for-etu-energias-assets,110388733-evg |
You need to look beyond market caps for oil company comparisons.Compare the 2P/2C reserves / resources and production. Then use the EV rather than MC.You'll soon start to learn why the MC of the dead horse you're trying to flog seems like an anomaly to you ... Comparing AET to CRCL is like comparing a Ferrari to a Fiat... |
Https://x.com/theunsophistic2/status/1900545921433182350?s=46&t=4s-AQzZhMmeWz3Ire1AEsA |
Thanks for the cross ramp Danny but CRCL is a huge AVOID IMHO! Tobias is pretty much worthless and if any investors have a penchant for onshore Angola why not get exposure via AET and also get downside protection via a strong balance sheet, good management and offshore producing 7000 BOPD? What's the reason anyone would want to gamble on CRCL? I see the pumpers on Twitter who pushing it at 1.2P are now claiming they don't own it anymore ... The favourite at the 3:30 at Cheltenham isn't too bad .... |
https://x.com/theunsophistic2/status/1900517934205669565?s=46&t=4s-AQzZhMmeWz3Ire1AEsA |
Simply oversold and the shrewd picking up a bargain.
IMHO |
Is there news, up 7.88% |
Fat fish."people who think it can't go any lower".not necessarily, it may be a group or similar that is picking up the shares and it looks like a significant seller rather than general market selling. |
people who think it can't go any lower. Can it?? |
Who's picking up all these sells??? |
Some big delayed trades pushing through so somebody exiting. Maybe one of the Twitter folk who hold a lot has decided to reduce risk? |
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