Daily trading volume v.low this month
325,000 daily share trading vol
To put it into perspective that's only 0.000014% of issued shares per day
It will all change when the next RNS drops and we get a 25m+ share trading volume day
Yes X2 you certainly need to be in it ;-) |
Patience being tested but anyone invested here is or should be used to it. Operational activity is limited as a result of the impending sale of the shallows and compounded by the licence renewal/upgrade process which is ongoing. Much that this wait is frustrating, there has to be resolution on several material developments on the near term. As discussed, the removal of sanctions is a possibility this year and that will definitely add value to the asset base and probably assist any disposals if they wanted to move them on. Still loads of upside in play and hopefully the stale bulls can exit whilst new players take the stage. Got to be in it. |
Early morning buying... not seen that in months......come on casp. New Year! Bring in the good news!!!! |
dipla,
There has been suggestions on this BB and other social media outlets that CASP is subject to a NDA with regard to the Shallow operations, hence the radio silence whilst that agreement is in force.
To be fair we have had updates with regard to the long stop date extensions, and included in those updates there were comments on WS and B8 progress which would qualify as an operational update (excluding the Shallows)
I suspect the closer we get to the end of Q1, Clive will become more transparent on 'operations' and how they see CASP going forward and how they plan to deploy the soon to be received balance of cash for the Shallows
The next one or two months will fly by and you will hopefully be congratulating yourself for not pressing the 'sell' button at the ridiculously low current SP |
Not so shabby performance by our next door neighbour ;-) |
There should be an operation update every quarter. Keep shareholders in the loop |
BM
705k sells are really just 205k
250k x 2 cancelled
Part of a MM treeshake game??? |
DiplaThe next bad news and it's curtains if there is bad news I can't see it been the shellows sale surely they wouldn't drag it out this length of time to let it fall through at the last minute ( I hope) |
No, that wasn't me. Still holding in frustration |
Re frustration, join the club! There can't be anyone in here who isn't.
So none of the 705k dumped in three trades earlier, was any of yours? Apologies for assuming it was, from your post soon afterwards. |
Most buying we've had in months, maybe Wednesday rns |
I'm still in. Next bad news then it's curtains Just frustrated |
Radio silence is frustrating, I know
But at current shallow production levels the business is throwing off monthly £1.5m positive cashflow
That figure ignores what they are earning from oil trading and interest on the £20m + sitting in the bank account
Still would argue that shares should have been suspended at 4p in September 24
The sale of the Shallows and the licence/s renewal were always going to drag on for months
It would have been the honest thing for Clive to do and save the poor LTH pis much unwanted paranoia as they watch the share price drop on very low volume sales by investors who have just given up on the 'dream'
Still see this multi bagging from current levels before end of H1 25 |
Good luck dipla. I top sliced around 20% of my holding at 8 p and then bought back at 6p and 5p thinking I was being smart. Will be delighted if we ever get back 6 p when I will be off like a rocket.ATB. Trapped. |
Pure speculation, but I do wonder if part of the delay with the shallows deal in H2 last year may have been uncertainty about the US election & wanting to see if Trump was elected in November. Knowing the impact on the Ukraine war and lifting of sanctions. Clearly the lifting of sanctions is now much more likely.
The new long stop date is 28th Feb. Just over four weeks' time. With the possibility of a special dividend to follow. |
At my age there's no point backing out now especially when we're so close |
Bye dipla. Probably best not to look in here in a few weeks' time
(As long as the Concert Party are content to stick with this, then so am I) |
I have given up waiting over 15 years..... |
Sorry new norm only after seeing the link you posted there now ( half asleep when I reply to your post) hope there's some good news to give the share price a boost it's been a long wait |
Can't be bothered to look it up but from memory in that video he said they could be flowing up to 10.000 barrels of oil a day soon..There's that much news due soon some of it has to be good |
Wonder if Clive is working on his next video presentation?
It's been nearly 8 years since his last one, how time flies;-) |
https://oilprice.com/Energy/Crude-Oil/The-End-of-Cheap-Oil-Sanctions-Spark-Scramble-for-Supply.htmlCan Trump accelerate an amicable solution to the Ukraine crisis. Already threatening increased sanctions so maybe there's a resolution in sight. He'll want NATO participants to carry more of the financial burden but I don't see him pulling funding. If there is a resolution, sanctions will lift and maybe Caspian will be achieving far higher gross prices but as their selling current production, that opportunity it will transfer to AR. Hopefully a likely war resolution will increase AR's focus to complete on the deal. February should see the start of the material news. |
Cred,
And we'll all go along as before!
Great song, while the wait goes on
Tickity tock Clive ;-) |
What was that Del Amitri song now ??? Oh AND NOTHING EVER HAPPENS NOTHING HAPPENS AT ALL lol. |
We haven't had an actual oops update since July. Just shallows sale info. |
Register for streaming realtime charts, analysis tools, and prices.
Hot Features
Premium
