Caspian Sunrise Share Discussion Threads

[bsg] 08/4/2024 08:10:18

None of that seems particularly good.

[dipla] 08/4/2024 07:51:38

Will we see more selling today

[jostrummer] 08/4/2024 07:49:17

Now we know the reason for all the large 4p trades

[xclusive2] 05/4/2024 09:02:59

https://www.eni.com/en-IT/media/press-release/2024/01/eni-signs-strategic-agreements-kazakh-companies-during-president-kazakhstan-visit-italy.htmlAnd everybody will be looking at the CE charter progress. Investors will be looking at vessel finder and tracking movements to confirm that CE is the preferred option v building an island with traditional drilling. Confirmation sees $10m+ hitting the coffers and that will move the sp, as it's likely to mean that the CE could see regular work going forward.

[penrith] 05/4/2024 08:59:43

"My call is a retest of the early 3ps before moving on as news nears and hype phase kicks in again. On the other hand it may have more legs "Interesting....LOL

[penrith] 05/4/2024 08:55:47

Or saying ?I told you so?This is Casp after all Let's hope your right LOL

[xclusive2] 05/4/2024 08:55:15

It's been a weird couple of days yesterday was definitely a bear day with the ask strengthening and bid weakening. Would've thought that a 325k buy would've kicked things off but bid still 300k max @ 3.96 and ask 675k @ 4.2, great biz @ 5% margin for taking orders ! Next move ? my call is a retest of the early 3ps before moving on as news nears and hype phase kicks in again. On the other hand it may have more legs but will be interesting to see how it finishes today, continuing rise or breakdown. The big news on shallow sale could break at anytime but my feeling is that's some way away unless it's linked to B8 deal. Those sitting on the fence looking for cheaper stock may get caught out but I don't believe so as the real share price moving news is going to come from the deeps and material news is not on the doorstep.

[maxim1999] 05/4/2024 08:20:19

Trades going thru at 4.20p is encouraging

[credock] 04/4/2024 18:54:09

All those 4p sells today wont half be kicking themselves in July when it hits double figures.

[xclusive2] 04/4/2024 14:23:26

Definitely subdued the action and if he/they weren't offloading millions then we'd be heading for the 5p region current market has switched from being well bid north of 7figures to 300k and the ask has increased from c 100k to 650k. A little battle going on and will be interested to see where this goes into the close tomorrow, move on or sell off ?

[bsg] 04/4/2024 14:07:57

I wonder how many more 500k @ 4p are to come, is Friday the deadline?

[bloomberg2] 04/4/2024 14:07:22

Anyone watching

[bluemango] 04/4/2024 13:10:11

I guess a few people will really be hoping this doesn't rise much between now and start of new ISA/tax year (from Monday)

[bluemango] 03/4/2024 10:20:10

Which would normally suggest a rather chunky buy being worked or awaiting delayed report. Edit: nothing obvious in trade reports since.

[xclusive2] 03/4/2024 10:16:22

Max buy online 175k @ 4.07. Sell 1.3m

[jostrummer] 03/4/2024 09:47:48

Any stock available? Can sell everything

[xclusive2] 03/4/2024 09:34:08

It's got legs this am and about to pop :)

[maxim1999] 03/4/2024 09:17:04

But that's their job

[bsg] 03/4/2024 08:59:19

Trouble is MM's will start to drop the price to make volume as they usually do.

[maxim1999] 03/4/2024 08:55:56

Big volume one day. Zip the next

[xclusive2] 02/4/2024 21:23:58

Maxim,I think more than 1 seller. The early 500ks were likely sells that stunted any rise and the 1.25m added to the resistance. See how we go tomorrow.

[maxim1999] 02/4/2024 18:11:53

Looks like 1 big seller who worked the order over the day. Price held which is great. Selling abates hopefully we pop !! Good volume assuming not too much tax trading

[jostrummer] 02/4/2024 11:56:43

Yep agreed can sell loads at almost 4p still

[xclusive2] 02/4/2024 11:13:44

BM,As posted, there are short termers, the Zak Mir followers and other tipsters that trade the TA. Todays Mr 500k has been around for ages and my guess would be that it's one of our pumpers but that's the game they play and if it makes money then its obviously a strategy that's working.The long termers will trade too, top slicing, maybe averaging down etc. SP could run further but even if it retraces, there will be buyers as there's material news this quarter and there will be another wave if interest. What we need is that foundation builder, the fundamental strengthener and the near term news can do that. Also have the tax year variable to factor in. Those who have ISA allowances left can bednisa but you also have those selling without ISA allowance who want to book CGT loss and then rebuy come new allowance next week. Different strokes for different folks but we're trading above the 200 DMA and we need some solid news to really break this out. Got to be in it to win it and those who are on the sidelines could get caught out if a material surprise pops in ;)

[bluemango] 02/4/2024 10:24:42

I think the 500k trades were probably sells.

Having said that, don't pay too much attention to the subsequent drop in bid, I can still sell decent size at 3.95 so 'real' bid is still (or should be showing) 3.90p.