Caspian Sunrise Share Discussion Threads

[togglebrush] 13/11/2018 07:33

3A Best acquisition update synopsis
'
All the material pre conditions, completed.
'
Formally complete the acquisition in early 2019. (extended the long stop date to 30 June 2019).

[flawlesskicks] 13/11/2018 07:22

rns - all about Q1/2 2019 by the look of it. All on track but a lot to come together over the coming months.

[flawlesskicks] 13/11/2018 05:33

George.... Yes, they had a very good run but they leave a big hole to fill...im talking about Stan Lee by the way... Not BMN!

[flawlesskicks] 13/11/2018 05:31

E1... As the thread suggests, this is a hold until 2021 for full rewards. From 7p, the prospects of a move to over 30p makes casp a very good buy. The low is potentially 6p ish but can't see it getting that low really so a great entry price.

[georgesorearse] 12/11/2018 22:49

Flaw - Stan Lee and his wife lived to 95 - left a great body of work behind him - thats a life to celebrate not mourn imo.

[georgesorearse] 12/11/2018 22:47

Milton - dumping BMN for Casp - great strategy... for the tax loss you mean ??

[1enigmatic] 12/11/2018 22:18

What's happened benefits been stopped lmfao

[therealenigmatic] 12/11/2018 21:56

Im thinking about selling my entire BMN holding and dumping the lot into this outfit - good strategy ?

[georgesorearse] 12/11/2018 20:03

I don't know about a bounce yet buy the buying in this week and last has felt like it did at 2.4p and 6.4 p.

As one of the others put the volumes are low at mo.... beauforts money should be coming into the aim system this week / next so anything that produces and is set to increase production / profitability should be a target for this cash thats been tied in since March.

[flawlesskicks] 12/11/2018 19:07

A bounce to 8p end of the week. We are following the same pattern as last year. We also have several matched trades today so looks like we have a buyer at this level.

[maxim1999] 12/11/2018 18:55

Good news soon ?

[flawlesskicks] 12/11/2018 18:34

Looking for CASP to bounce to 8p in the coming days. We have matched buys and sells today showing that there is a wholesale buyer in the market. We should see the share price start to recover over the coming days.

[flawlesskicks] 12/11/2018 18:26

!FOLLOWFEED
This board is for those looking for lively debate on the future of Caspian Sunrise. During the coming years, we have a lot to look forward to with shallow and deep drills. If you have a position in CASP and want to chat and share your experience then you have come to the right place!

Dividends 1st Payment Competition.

Sparusty Q1 2021 0.4p
Clicknow1 N/A
credock couldn't give two hoots
ngms never
George Q2 2020 0.25p
FK Q2 2020 0.50p

[georgesorearse] 12/11/2018 18:03

I had another 300k today and a few on lse said they've bought as well...

[maxim1999] 12/11/2018 17:28

For the volume to be that high is significant I hope. There are lots of stale bulls in this name , but to have found a buyer to soak up the seller is good.

[togglebrush] 12/11/2018 16:50

Four OTC trades (Over The Counter) this afternoon, 150k,150k,250k,and 250k, we don't see these type of trade very often. A healthy Total volume of 2.66 million reported SO FAR today

[togglebrush] 12/11/2018 14:58

Request has been made to ADVFN to see if the BAN facility can be reactivated

[flawlesskicks] 12/11/2018 14:46

Bull... I said earlier that this is the week we will bounce. I'm expecting 8p by Friday. We have never stayed long at 6p level before.

[flawlesskicks] 12/11/2018 14:44

George... You may be right... Or sector or another holder may be reducing. Either way these are now a bargain on fundamentals. Not long to wait for the price to spike back up.

[bullinachinashop3] 12/11/2018 14:42

could we see a small hammer today? maybe a signal of a change of trend/stop the rot

[georgesorearse] 12/11/2018 14:27

David Black - my only theory on this comes from when Kairat loaned his 140.8m shares but not voting rights - I think these were forward sold into the market at 11 - 13p which is when I started offloading to follow it down.

I know Flawless disagreed with this hypothesis as I told him my thoughts at the time.

The price has now been walked down and however many were forward sold will be repurchased and the loan redeemed at under 7.4p, 3AB and MJF licence next year and off we go again.

This could be a load of nonsense I've dreamt up but I have traded on this assumption and providing the share price goes back up it will be a successful model to have used.

As you say the other oil CO's are being marked down due to the Saudis hinting at market share over Opec ours is marked down by reduced shallows BOPD and lack of deeps.

[xclusive2] 12/11/2018 14:21

The free float is circa 270m shares and our current daily volume is only 0.5% of that ! Ignore the noise and fill ones boots when the time is right.Silly situation unless something untoward happening. Kairat buying out KO's kids and cheap take out to KMG or another Kazakh player.Way off base but bargains to be had if nothing sinister at play.