Block Energy Share Discussion Threads

[dealer55] 14/5/2024 16:07

Why are we falling trickle trickle style. It’s frustrating.

[dyardley] 14/5/2024 15:55

Tight trading range has gone!Downwards

[skif] 14/5/2024 13:36

I think a raise is likely but depends when.

If they can spike the share price they will definitely follow that up with a raise imo.

A good set of financials and a positive update re farm out should see this go higher, then followed by a raise.

[skif] 14/5/2024 13:12

I've been saying that on here for months, people choose to ignore that reality.

If the US can't get their hands on Georgian energy assets then they will do their best to destroy the country.

The Georgian government has had the good sense to try and maintain a decent relationship with Russia.

[bad gateway] 14/5/2024 12:59

BLOE's main concern would still seem to be the risk of europe and the U.S plunging the country into civil war as happened with Ukraine.
They're not moving towards Russia as Ukraine dared to do but the law to force NGO's receiving 20% of the funds or more from abroad to declare where they came from is passing through parliament and the West is very unhappy as are their georgian agents.



Hope they get it passed without trouble myself as its a bogstandard law we all have in the west and it protects against orange revolutions but we'll see.

[skif] 14/5/2024 12:29

Because they've stopped spending cash on drilling and because of high oil price.

We will see.

[jaknife] 14/5/2024 11:59

skif,

"Forthcoming financials should report profitability and maybe an update re farm out."

What on earth makes you think that BLOE is going to "report profitability"?

1. BLOE has reported a loss *EVERY* year that it's been listed (since June 2018).
2. BLOE reported losses for H1 (six months to 30 June 2023).
see:
3. They've reported nothing to think that this will have changed in H2.

BLOE is a perpetual loss-maker that only survives because it keeps finding mugs who are willing to take part in its regular placings. I wouldn't be surprised to see them place yet again.

JakNife

[skif] 14/5/2024 11:42

Forthcoming financials should report profitability and maybe an update re farm out.

[dealer55] 14/5/2024 11:39

I have patience just don’t get why we get a few trades a day and a few posts saying pretty much the same thing since I did arrive.

Ps glad I found this don’t get me wrong.

[iceagefarmer] 14/5/2024 02:32

ive been here since it was at 5p..how long ago is that?

[andyalbi71] 13/5/2024 20:43

Dealer , you have only been in a month or so ... some of us have been in here over 4 years , have a bit of patience and you will be rewarded

[faraweigh2] 13/5/2024 15:50

The calm before the storm dealer.Keep an eye out for the next RNS(s).GLA

[dealer55] 13/5/2024 15:27

No selling or buying. Starting to become tedious.

[andyalbi71] 13/5/2024 15:12

The fact there is very little selling suggests to me that most ... if not nearly all the floating shares are now in very sticky hands , doesn't take much buying for it to rise .... Which is a very good sign

[dyardley] 13/5/2024 14:54

Not sure yet it's in a tight range 1.6-1.8Which way will it break?

[haff1] 13/5/2024 14:48

This is beginning to trend downwards!!!

[andyalbi71] 11/5/2024 08:16

Agreed ..... really small sells , which I think are to try and panic the weak into selling or those hoping to make a quick 10 percent and leg it. LTH are sitting quietly because the know the game plan and happy to wait for the much much bigger prizes

[faraweigh2] 10/5/2024 18:49

Simply a moment in time.We sit back and await more news, whilst some quietly accumulate ; )

[haff1] 10/5/2024 18:01

Another week and it's still stuck at the resistance...even after some news!!

[faraweigh2] 10/5/2024 08:58

Also notable is that volume trading has been later in the day(s).Often a sign that trading is / can be from outside the UK.GLA