Baron Oil Plc

-0.0052 (-5.33%)
Share Name Share Symbol Market Type Share ISIN Share Description
Baron Oil Plc LSE:BOIL London Ordinary Share GB00B01QGH57 ORD 0.025P
  Price Change % Change Share Price Shares Traded Last Trade
  -0.0052 -5.33% 0.0923 150,766,079 16:35:02
Bid Price Offer Price High Price Low Price Open Price
0.09 0.10 0.0975 0.0925 0.0975
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Crude Petroleum & Natural Gs 0.00 -1.13 - - 10.69
Last Trade Time Trade Type Trade Size Trade Price Currency
16:40:00 O 10,000 0.10 GBX

Baron Oil (BOIL) Latest News (1)

Baron Oil (BOIL) Discussions and Chat

Baron Oil Forums and Chat

Date Time Title Posts
04/6/202312:02Baron Oil PLC13,640
17/2/202011:21A BOILER ROOM SCAM ?55
16/11/201712:29Worth a Little Taste ?8
20/11/201409:01why are they jere1
14/8/ ... nuff said11

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Baron Oil (BOIL) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type

Baron Oil (BOIL) Top Chat Posts

Top Posts
Posted at 04/6/2023 12:02 by pro_s2009

Sunday Blog, 4 June 2023


Oilman Jim 4 Jun 2023

Catching up on the last couple of weeks and starting with the drilling news, Predator Oil & Gas (PRD) announced on Friday that the Star Valley Rig 101 would commence drilling the MOU-3 well within ..............................

Posted at 24/5/2023 16:39 by johnjames876
The Boil pump fest is finally over
Posted at 06/5/2023 09:52 by harryhaven
Trader's Café Daily Review #BulletinBoardHeroes, Friday 5th May 2023 #FTSE100 #DAX $DJI $BTC #AXL #BMN #BOIL #BENS #CRCL #CGH #FCM #GDR #HELD #MBO #ONDO #SAR #SENX #TRAC
Look at #FOX could be an interesting opening on Tuesday morning!

Posted at 05/5/2023 10:12 by waltzing
Definetly gone off the Boil
Posted at 28/2/2023 07:43 by stokepa31
Lol. Share price will fly. Did you all sell lol
Posted at 18/1/2023 13:31 by guyswonga197444
leewink not ideal No RNS and can see this dipping to placing price of .12p if no RNS in next couple of sessions. share price always dips if the market perceives of a missed deadline and we could do without the aggressive 5 million seller today (probably the dregs of the Nov Placing
Posted at 04/11/2022 08:40 by georgethefourth
The warrant news is separate from the bid talk. The way I read it is that the share price spiked high on seismic and movement from the Timor leste government and increased likelihood of something finally happening over there - either a sale or jv. After the spike the price consolidated and dropped back for a week, during which time smart money was buying while get rich quick speculators who bought late got squeezed out. There was loads of money waiting on the sidelines wanting to get in, but hesitant with price dropping. I was in same boat. I had finger over the buy button yesterday wanting another top up, but wanted to wait and see if could get them for 12. No chance now.

Donuts like yourself who believe that every price that rises will get sold off - regardless of why they rose in the first place - were deramping and sentiment was low up until yesterday. Amongst the vocal minority at least. Price dripped down and spring was coiled as talk of a placing was common. That seems unlikely though now imo. Warrants raised 117k on top of existing cash balance. Since we’re not going to fund drilling anyway, the amount of money we need to continue operations are minimal. Also, there are no more warrants so no glut of stock to hit market and cap potential rises. All looks good to me

Posted at 25/10/2022 10:24 by billthebank
No placing happening here.Find another reason for knocking BOIL but just look at the share price action and think of another reason.IMO DO NOT SELL BOIL at this price.As for buying at 0.2 yes I would!!
Posted at 30/4/2022 10:19 by hedgehog 100
Or perhaps we should say Yeouch ...

29/04/2022 13:10 UK Regulatory (RNS & others) Baron Oil PLC Placing and subscription to raise GBP1.65 million LSE:BOIL Baron Oil Plc

"Baron Oil (AIM: BOIL), the AIM-quoted oil and gas exploration company, announces that it has conditionally raised GBP1.65 million (before expenses) by way of a placing and subscription (together the "Fundraising") of a total of 2,750,000,000 new ordinary shares of 0.025p each ("Ordinary Shares") in the Company (the "New Ordinary Shares") at a price of 0.06 pence per share (the "Issue Price"). Allenby Capital Limited (" Allenby Capital ") is acting as broker in connection with the Fundraising, which was oversubscribed.

Andy Yeo, CEO of Baron, commented: ..."

So much for the £3M raised thirteen months ago being sufficient til. November 2022:

24/03/2021 07:00 UK Regulatory (RNS & others) Baron Oil PLC Proposed Fundraising and Chuditch PSC Earn In LSE:BOIL Baron Oil Plc

" ... In order to fund, inter alia, the Earn In and the Chuditch PSC work programme until the end of the Firm Commitment Period ("FCP") in November 2022, Baron also announces that it has conditionally raised GBP3.0 million (before expenses) by way of a placing and subscription (together the "Fundraising") of a total of 6,000,000,000 new ordinary shares of 0.025p each ("Ordinary Shares") in the Company (the "New Ordinary Shares") at a price of 0.05 pence per share (the "Issue Price"), to be undertaken in two tranches. Allenby Capital Limited ( " Allenby Capital " ) and Turner Pope Investments (TPI) Limited ( " TPI " ) are acting as joint brokers in connection with the Fundraising. ..."

Posted at 30/3/2022 19:22 by hedgehog 100
02/09/2021 07:00 UK Regulatory (RNS & others) Baron Oil PLC Interim Results for the six months to 30 June 2021 LSE:BOIL Baron Oil Plc
"... Financial
-- Available cash (excluding monies held as security for bank guarantees in Peru and Timor-Leste) as at 30 June 2021 of GBP2,515,000 (30 June 2020: GBP1,798,000; 31 December 2020: GBP1,190,000). Successful Placing and Subscription raising GBP3 million (gross) announced on 24 March 2021. ..."

Recent Share Trades for Baron Oil (BOIL)
Date Time Trade Prc Volume Buy/Sell Bid Ask Value
30-Mar-22 16:17:04 0.0705 30,000,000 Buy* 0.065 0.075 21.15k O
30-Mar-22 16:03:23 0.0727 1,686,121 Buy* 0.065 0.075 1,226 O
30-Mar-22 15:56:47 0.0727 33,081 Buy* 0.065 0.075 24.05 O
30-Mar-22 15:32:20 0.0727 5,489,002 Buy* 0.065 0.075 3,991 O
30-Mar-22 15:18:06 0.0727 70,220 Buy* 0.065 0.075 51.05 O
30-Mar-22 15:09:16 0.074 15,000 Buy* 0.065 0.075 11.10 O
30-Mar-22 15:03:45 0.0727 675,000 Buy* 0.065 0.075 490.73 O

BOIL had £2.51M. cash at the half year stage, and the first half operating loss was just £448K., so the cash position should be fine even allowing for increased spending.

Not that topping up the coffers in the current strong oil-gas price environment should be any problem.

And I'm anticipating good BOIL newsflow in April-June (though it's not impossible that it could potentially start on the last day of March!)

As regards selling pressure: with the price consolidating around the current 0.07p level this month, there appears to be as much buying pressure as selling pressure recently to me.

And indeed the last seven trades today were all buys ... the last one for a hefty thirty million shares.

At a market cap. of just £8.1M., BOIL looks well undervalued in relation to its assets, which will only have gone up in value recently, with global challenges fueling the move to energy self-sufficiency.

Combined with strong expected newsflow in the short term, and this looks to give BOIL excellent near term multibagger potential.

Baron Oil share price data is direct from the London Stock Exchange
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