Diversified Energy Share Discussion Threads

[bountyhunter] 15/1/2024 15:09

I wouldn't be surprised to see a rise towards the close as daytraders exit.

[parob] 15/1/2024 15:01

I have just bought an initial amount. Hopefully close above 1000p

[nametrade] 15/1/2024 14:59

Id say good buy at this level..

You pays your money and takes your chance...

ATB

[laurence llewelyn binliner] 15/1/2024 14:55

No TR1 reducing notices printed so who is still selling or is this just the weight of shorts dragging us down..? they will have to cover sooner or later but it is getting tedious now, I was looking for some support and a floor at 1000..?

Bear raids can be vicious, my tracker does not log anything under 0.5%, so perhaps there are some other new funds jumping on the back of it to take a position..?

[fordtin] 15/1/2024 14:42

Gary - the company's reluctance to buy their own shares doesn't help.

Perhaps they should hold an EGM to extend the buyback authority, because the remaining £88.8M authorised would buy back 18.74% of the shares in issue at current SP, if they weren't restricted to the currently remaining buyback limit of 8.85%.

[leoneobull] 15/1/2024 14:39

Confused. Didn't DEC just do the January 2nd deal to improve liquidity and reduce debt??

[johnhemming] 15/1/2024 14:31

>we need directors to buy big chunks here.
If they were just about to do an acquisition funded by the liquidity from DP Lion they would not be allowed to trade.

There is other inside information that would prevent them from trading not least knowing the final results from 2023.

[gary1966] 15/1/2024 14:23

This is relentless. Every bit of public information says that this co is a well run, responsible company and so I am at a loss to know what other people know that I don’t. Awards won, lots of finance raised so business has been forensically checked, government contracts to retire orphan wells, all well retirement commitments exceeded, cash flow positive and being distributed and so real cash.

[farrugia] 15/1/2024 14:17

we need directors to buy big chunks here.

[marksp2011] 15/1/2024 14:12

WHITES

It wasn't "CONGRESS" it was four memebers of a subcommittee where they are in a massive minority but don't let the facts get in the way of your story

[cassini] 15/1/2024 14:11

It's a downgrade by Investec today causing this apparently, see parob's post on the other thread.

[bountyhunter] 15/1/2024 14:08

Any link to the actual article?

[parob] 15/1/2024 14:00

FYI:"A few wondering why Diversified Energy is going down againInvestec downgraded them today. Concerns around liquidity, ability to pay debt and cover existing dividend without further disposals."hTTps://x.com/baroninvestment/status/1746888458289676743?s=61&t=OPWPOeWZxD1L0Ap29u5T3AI'm not currently a holder but I'm watching.

[sbb1x] 15/1/2024 13:58

U.S. Rate Cuts Could Start in March; ECB, BOE to Follow Later, Goldman Says

[bulltradept] 15/1/2024 13:26

Steve "I use the pauper's subscription to advfn".

For someone whose not interested you clearly have a lot to say for yourself on this company.

I take it you've just discovered spread betting and are short.

[stevensupertrader] 15/1/2024 13:21

DEC now under £10 - more pain for those who never listen thinking is a bargain . 😞

[sbb1x] 15/1/2024 13:20

Criminal rigged and bent markets, time to add a little bit more.

[bountyhunter] 15/1/2024 13:16

muppets out in force today

[whites123] 15/1/2024 13:15

Anyone thinking DEC has seen the lows is gravely mistaken.

It is going to get really nasty here as the share price continues to plummet.

Down Down Deeper and Down, and Status Quo once said.

[bountyhunter] 15/1/2024 13:15

The 4m buy was at £11.04 way out of shorters dreamland!

[stevensupertrader] 15/1/2024 13:14

You are right ! US closed - apologised. even then DEC will certain to go under £10

[bazboa] 15/1/2024 13:12

US isn't open today lol

[stevensupertrader] 15/1/2024 13:11

Are you in dreamland - definitely under £10 later on even in the next hour before US opens . Shorters will be shorting more seeing the way DEC drops till now

[bountyhunter] 15/1/2024 13:11

Yes and at quite a premium!

[imnotspartacus] 15/1/2024 13:07

Yes £4m trade just gone through at £1104.5