Amerisur Resources Share Discussion Threads

[bryet] 20/12/2017 16:06

Poor year for shareholders may the force be with us next year good luck to all who are still in.

[davwall] 19/12/2017 13:25

The ONGC-Videsh tender submission period for the civils contract to construct the well site for Indico-1X closed today.
That's a potentially exciting and rewarding project to look forward to in H1 2018.

[seball] 19/12/2017 13:17

Takeover will happen before full value realised imo. Good luck

[the drewster] 19/12/2017 12:01

Disappointing year for holders, may 2018 bring the substantial rewards we expected to have banked already.

New reserves, production near 20k/bopd and we might just be retiring early...

[return_of_the_apeman] 19/12/2017 11:32

Point well made Ronnie :-) many more positives here than negatives

[retailronnie] 19/12/2017 11:16

The facts are:
RH has sold 4.4m between June 30 and September 30.
R&M has bought 9m between September 30 and December 15.
The average volume per day for the last 30 days is 1.87 million according to Google.

Don't doubt RH is selling, but I don't think his selling, or threat of selling is driving the share price downward movement.

[foiledagain] 19/12/2017 11:00

Boris
"IT'S WHAT YOU DO WITH IT WHEN ARMED WITH THAT INFORMATION!!!!"

We are in full agreement on that point.

Wishing you all (including the poop) a Happy Christmas, but I suspect it will be a much happier New Year for shareholders.

[tyler durden1] 19/12/2017 10:54

Lucyp00p - every board has its muppet and you get prize here

[quidnunc] 19/12/2017 10:53

No update to my previous Ichimoku, still in strongly bearish territory for the present.
Meanwhile the narrative continues to strengthen....

Seasons Greetings to all the old timers here.
Regards

Q.

[return_of_the_apeman] 19/12/2017 10:05

Ps, if this could move up slightly, a golden cross would be formed, some would consider that very bullish especially after recent director buys, might even take this to a retest of 30p..

..but then again it might not if there is currently an overhang

[return_of_the_apeman] 19/12/2017 09:52

Sorry davwal, pockets not deep enough, I note at least one ii is buying though, would be nice if they could just deal directly. I guess they have/are considering it

[return_of_the_apeman] 19/12/2017 09:47

All done, buying in below the directors clinched it for me, they clearly know more thsn I do. As they are not worried about an overhsng neither am I.Do as they do, not as they say etc

Not bothered about a divi here either, if they want yo plough it sll back in to develop what look like great assets to me then so be it. If yhey deliver the flow rates this will re-rate anyway

Gla

[davwal] 19/12/2017 09:42

ROTA - I don’t suppose you could make it 60,000,000 by any chance..?

[tsmith2] 19/12/2017 09:32

selling into any sort of strength, can't continue forever...silly price

[99barracuda] 19/12/2017 09:22

Return......and if you’re about these parts for a while you’ll see a few posters going on and on about Rex
And on
And on




And on

Welcome anyhow!

[return_of_the_apeman] 19/12/2017 09:16

Thanks Charlieeee, info greatly appreciated

[charlieeee] 19/12/2017 09:09

Return of the Apeman

At the last count, RH held 70 million and as there has been no recent RNS it does not look as if he is disposing in any size (nor was in the last recorded period).

Back in 2015, he dumped 32m
Between March & October 2016 he sold 12.5m
From November 2016 to March 2017 he sold 25 million (to fund Mintails, it is thought)
Between March & September 2017 he sold 8m

To put the recent selling rate in context, that averages out at 60,000 per trading day over the last properly recorded 6 month period.

It is difficult to calculate his average cost, but roughly half of his holding was acquired when the share price was over 16p (and some much higher).

The increase in the shorting position is a more significant contributor to the selling pressure, but unlike RH, they will have to buy those shares back (and SOL was some 20m at the end of November).

[boris cobaka] 19/12/2017 09:09

FA - no you still don't get it. It's not the RH action whether buying or selling. That's the information. IT'S WHAT YOU DO WITH IT WHEN ARMED WITH THAT INFORMATION!!!!
Capiche?

Any recommendations or will you wait for the next holding rns to emerge...
S'pose you can point score against those that give a sh*t but after a while you come across as an attention seeking non-entity.

[foiledagain] 19/12/2017 08:48

Boris
not only did I grasp the principle, I brought it to the attention of this BB and to the BoD some considerable time before you posted about it.

With regards long winded, worth pointing out your post 5817 is actually longer.

[boris cobaka] 19/12/2017 08:27

FA
Yes LMFAO indeed. Knowing or suspecting RH may be continuing to offload is one thing.
It's what you do with that information that counts. Thought you might be able to grasp that principle - but actually I do notice a major element missing in many of your long winded posts.
See if you can guess what it is...

[foiledagain] 19/12/2017 08:12

Lucy, do everyone a favour and stop being the sideline snide.

You aren't clever enough or interesting enough

How about posting ABOUT Amerisur, rather than snidey little comments.

FACTS: which i know are hard for you to assimilate are that I've made the comment about a false market when people like yourself were calling it conspiracy THEORY, when people like yourself didn't believe RH was selling. So if all you have in your armoury is a snide comment, think you might as well give up.

[lucyp00p] 19/12/2017 08:05

Why don't you and RH get a room. You are clearly obsessed with him