Caspian Sunrise Share Discussion Threads

[xclusive2] 26/10/2017 13:41

Makes no sense to me as now there are slightly more reported sells than buys.

[bullinachinashop3] 26/10/2017 13:05

folks catching on? good rise now

[togglebrush] 26/10/2017 12:53

NY Boy : Interims Sep 20 2017 07:00 has the schedule for future works by well
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[ny boy] 26/10/2017 12:43

maxim..when are the results of these due.

[konil] 26/10/2017 11:54

agreed maxim.

and if the story gets out wider then more peeps will want in.

[maxim1999] 26/10/2017 11:48

The majority won't sell on the cheap. They are waiting for the results on the next 2 deeps like the rest of us. They also know they can continue to develop the shallows with the existing cash. So while they can unlock value and prove up the reserves themselves there is no way they would sell out round here.

[ny boy] 26/10/2017 11:11

Took a small stake yesterday, under £5k’s worth

[konil] 26/10/2017 11:09

imo the owner management has probably saved us from excessive dilution and debt, yes they have amassed a significant stake in the process, but the alternative often is the type of gung-ho management we experienced at max, where they draw their large salaries and expensed lifestyles and have little to lose so take huge undue risks in trying to rush towards the pot of gold and bankrupt the company in the process.

i agree with those who say overhang will eventually clear and the short term share price movements don't matter and they should go for more exploration.

given the known geology of the area and the progress to date (although its taken 10 years to get here but that's history now and better than the crash-and-burn at max), imo there is very likely far more than 300mmboe in the acreage and left alone casp will eventually prove it up and possibly more, so if buyout is the exit then i would want to see a price tag of at least $3bn.

[timberwolf3] 26/10/2017 10:49

Keep on adding smarty, plenty of volume this week for anyone wanting to sell,hopefully any overhang will soon be gone.

[stuart14] 26/10/2017 10:46

That is surely the exit here. Prove up BNG and get snapped up by a major. Until then the share price movement doesn’t matter- the main shareholders won’t sell on the cheap. Don’t they still have some options at £1?!

[xclusive2] 26/10/2017 10:24

I'm not liking the reaction to the buy sell ratio, 78% in favour of buys, same as yesterday. Must be a chunky overhang to take the stock back from the Monday intraday high @ C 17p.I'm expecting larger investors to start taking an interest, the challenge as we know is that the majority control is with the KO and chums.Can Casper continue as an independent if A5/6 and 801 are all proved commercial ? Currently I'd say yes and they should add acreage and conduct more exploration but if they do become really successful I believe the likes of Chevron could get involved.

[hiddendepths] 26/10/2017 09:28

I'm liking the buying this morning too!

[pre] 26/10/2017 09:20

Yes noticed those huge late reported buys yesterday too...next leg up...100k buyer appeared:-)

[bullinachinashop3] 26/10/2017 09:15

looking perky following those buys last night

[bullinachinashop3] 25/10/2017 17:34

£300,000.00 in total - im mistaken, all buys (some from today, some from Monday).

[bullinachinashop3] 25/10/2017 17:32

580k in sells too

[bullinachinashop3] 25/10/2017 17:32

1.6 million in buys - someone being let in on the cheap?

[dipla] 25/10/2017 17:27

Big reported buys

[xclusive2] 25/10/2017 16:51

807k sells, 2.2m buys, 330k Unknown.Got to be some late reported large sells to the magnitude of 1.5m ?

[togglebrush] 25/10/2017 16:45

Volume of share trading is slowing down following the ACTION THIS DAY traders on Monday:-
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Mon 23rd ____861 trades with 33.06 million volume
Tue 24th ____221 trades with _7.05 million volume
Wed 25th ____115 trades with _3.00 million volume around end of a busy day
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Today was more in line with a busy trading day of a scaled up RXP. After Mega Monday it needs time to get to a more normal routine.
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Append correction
Wed 25th ____117 trades with _3.68 million volume at end of a busy day
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Data Source company website

[konil] 25/10/2017 16:35

welcome back, not too dissimilar a history with max and roxi as my own. though i hope you avoided the max demise which cleaned me out.

[davidblack] 25/10/2017 16:24

Well not quite a newcomer, I owned Roxi and Max a decade ago and exited on lack of delivery but have not paid any attention to it in years.

A friend reintroduced me to the idea following the recent drilling success and it looks like 10 years on the plan is finally coming together? So hence why I am a buyer though I think there is going to be a modest overhang once the lock in comes off. I know people tell you they are not going to sell but they do, lock ups are all the same. But the issue will pass.

[konil] 25/10/2017 16:07

db, are you a newcomer to this stock or lth?

[konil] 25/10/2017 16:06

thanks for getting back db. clearly no confusion with forward sales of oil!

[davidblack] 25/10/2017 15:17

konil, what I mean is someone who currently is selling in advance of receiving the shares out of the lock up escrow.

Sometimes people do this because they have to sell and want to get ahead of the crowd who may or may not be selling in December.

The reason I pointed this out is I have a recent experience of a widow selling shares following the death of her husband on a stock that had previously had a lock up. She was not to bothered as to the price, she just wanted to clean up the estate.