Baron Oil Share Discussion Threads

[wiganer] 17/4/2021 10:50

Might drift back to placing level.

[nlmbidc] 16/4/2021 13:30

No idea who had that many.

[anti corruption] 16/4/2021 12:31

Who do you think?

[nlmbidc] 16/4/2021 10:06

Ok who sold the 469 million shares yesterday?

[sky24] 15/4/2021 17:30

I don't care how many shares they churn - it's makes no difference to my trading style - the company is worth more today,than it was yesterday. No reason to laugh at a trader that has a more profitable strategy than yourself.

[richardp19] 15/4/2021 16:02

6 billlllion shares to churn takes a long long time Pmsl

[sky24] 15/4/2021 13:37

On the London Exchange the market cap is stated as £7.1 mln,so I think that,s all the new shares issued.

[sky24] 15/4/2021 12:47

nimbidc Yes,I never explained it very well.I was just meaning short term.I'm sure the share price will be many times what it is now - just needs time. It would be worth a lot under the ground - perhaps $2-4,and that would be around $2 billion ( approx guess).

[nlmbidc] 15/4/2021 06:54

Sky24. You seem to be missing the main point. These shares will eventually be worth a lot more if the prospective reserves become contingent reserves. But thats the long game. Short term the share price will drop because of the extra near 4.5 billuon shares being made available.

[sky24] 14/4/2021 23:33

They have increased their percentage of the assets by 255%,but only doubled the number of shares approx. The stock price should be 27% up from here - in theory - can't see this issue causing too much of a problem. There will be some people that won't understand this.

[nlmbidc] 14/4/2021 22:07

Theres nearly 4.5 billion shares coming onto the market tomorrow. That will lower the share price somewhat.

[sky24] 14/4/2021 15:41

SP holding up well.They seemed in a hurry with this fund raise,and probably know more than we do. They got a huge percentage of a very large asset,and there has to be a reason for the speed.At the present share price price the market cap is just over £7 mln,although all the new shares may not have been issued yet - I bought few more on the drop.

[letmepass] 13/4/2021 02:41

Massive sells, another fundraise?

[benny shares] 12/4/2021 23:46

3p this December

[madgav19] 12/4/2021 18:09

Thinking of investing here whats the best guess at the forecast?

[nlmbidc] 12/4/2021 13:59

Price will be 0.05 first thing on 14th. If youre looking to buy, wait until then.

[nlmbidc] 12/4/2021 13:59

Price will be 0.05 first thing on 14th. If youre looking to buy, wait until then.

[richardp19] 12/4/2021 13:37

Anothrr 4billion

[tomboyb] 12/4/2021 12:34

2nd tranche - rns out -

[sky24] 12/4/2021 12:21

This fund raising will put more than 10 billion shares in issue,but will increase the value of each of those shares - am surprised it has dropped this morning. When will there be an RNS - perhaps not until tomorrow?

[tomboyb] 12/4/2021 10:36

AGM today to confirm last remaining placing shares - So there may well be some weakness in the share price today -

[ashleyjv] 12/4/2021 08:53

I'm 0.1% in the Blue lol It's a start!

[tomboyb] 09/4/2021 15:06

Almost 1 bill vol and this thread is quiet as a mouse -