Thanks, that's around 700 barrels a minute, impressive stuff. |
bbl - an LR2 tanker with a capacity in the 800,000 bbl to 1.0m bbl range would typically take 18-24hrs to load. |
My guess is results are out this week sometime and at the same time they will give the current cash balance post payment of the recent offload, hopefully that will highlight the current excellent post deal position and some plans for what to do with the cash tthat is now flowing, they also have enough facilities available now to do a reasonable deal, there are some very cheap small oilers out there .... |
MT would you say that is a fair timescale to transfer 790,000 bbls? |
August Crude Oil Lift - Crude Oil Shuttle Tanker 'TROY' arrived at FSO Palanca at circa 0600hrs on the 9th August and departed that evening. |
Anyone know whether the August lift was successful? We haven't had an RNS which you might expect. its material news for a company of this size. |
Agreed - Q2 results likely around 12th September, so those may inject some life into the share price |
We have to establish the reason for the fall. Given that AET had such strong momentum it was momentum traders and well deserved profit takers selling. Once this mini cycle reverse I am confident a new upward trend will form. The diversification and quality of management here is compelling. |
This share price drop is irritating, although it looks like there may be support at around 45p. That said, as MT makes clear, it's all in the wash for longer-term investors, rather than traders. |
I do agree with all your comments, especially TTB, But that's the point - bottoms are only visible from behind... :0)
Also i have had a top up and will be waiting to see what happen before topping up again, oil is at a low it may go lower. |
TTB - 'One person's bottom-fish is another's buy-the-dip.' Exactly.
In the early years of holding a new stock I often buy the dip when I believe the investment case (Additional Valued Added by management) is increasing FASTER than the shareprice/market cap. |
ff - 95%+ of short term traders take out long only positions and many routinely employ tight stop losses, and many retail investors use 10-15% rolling stop losses to protect winning positions.
MM's know this and often push down(manipulate) the price to take advantage after a decent run up. It's one of the principle reasons why many high performing value/growth stocks now experience regular 10-20% pullbacks.
AIMHO/DYOR |
One person's bottom-fish is another's buy-the-dip. In general, it makes more sense to buy low rather than high. But there is not convincing evidence that AET's slide has yet halted, with 45p and 40p chart points within reach.
But that's the point - bottoms are only visible from behind... :0) |
I wasn't referring to just today. It has been going on for a while now. As you stated some time ago, whe. You sell you will do it over a long period |
opto - other than gamblers(short term traders) engaging in that highly expensive hobby of bottom fishing - when the transaction volume is just background noise, whether a few transactions are buys or sells is totally irrelevant to investors, who are the overwhelming majority of Afentra's shareholders and posters on this thread.
Any with long experience of the very short term BID & ASK price manipulation(often lasting barely a few seconds in order to transact and disguise a trade price) that is routinely carried out on L2, know therefore its virtually impossible to determine by price whether a transaction is a buy or sell on many stocks unless it is conducted at the full BID or ASK price.....an even then there is no absolute guarantee - on one occasion in Arrow Exploration on a heavily traded day, I was briefly offered stock in volume below the BID price. |
MT..I know what I would be telling you what to do..
Fatfish..a more polite reply from Bronislov. |
Fatfish if they are sells. |
ff - with respect, to offer such a comment when a total of 82k(£40k) shares have been traded in a stock with an average daily trading transaction volume more then TEN times that amount, suggests to help you make more informed equity market comments and investment decisions, your time would likely be well spent improving the quality of your market 'research'. |
someone seems to be reducing their holding some reasonable sells going through. |
Yes you are probably correct mount teide just speculation. |
It’s down in percentage terms less than most O&G stocks following the recent drop in the oil price - suggesting the market is placing zero weight on the speculative M&A nonsense recently posted here! AIMHO/DYOR |
Freefall!!! LoLMust be down, what , 2.5p tops since bleemsters 'public fact' (cough) 'speculative' , in the full sense of the word ,post.Hardly freefall. Still, let's see if this tripartite tie up comes to pass.I'm willing it on! |
Well its gone into freefall since bleemsters speculative post. |
Hedged for August so you are carrying 100% risk after that. |
Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
Hot Features
Premium
