I3 Energy Share Discussion Threads

[coscos] 05/7/2018 11:03

Just saw this:https://www.bloomberg.com/amp/news/articles/2018-07-05/iran-says-trump-tweets-not-opec-are-driving-up-oil-prices?__twitter_impression=true

[showme01] 05/7/2018 09:28

Can get a quote to buy (5k at a time ) but not sell.Bit of patience and you will have the opposite problem imo

[ducati2345] 05/7/2018 09:07

Interesting been trying dummy sell and buys fir last hour can't even get a quote

[corgies2] 05/7/2018 08:51

REDUCE PRICES NOW ?
BoA / ML House View $ 90 a year from now
Would be nice timing !!

[ducati2345] 05/7/2018 07:59

Wouldn't dare trade this I've held fur so long now and seen how hard it is to trade. the spread is too wide to make any decent profit,as you say buying is and has been a problem with this share at times.

[coscos] 05/7/2018 07:48

Trump has told OPEC to 'REDUCE PRICES NOW'. (he used capital letters in his tweet - what a numpty)I now fully expect Brent to break $80 very soon.

[coscos] 04/7/2018 22:11

A simple case of supply and demand. As the demand for this stock surges going forward the supply side will tighten up. Just be patient.

[fardels bear] 04/7/2018 21:40

Will it though? Are you brave enough to trade it knowing that when the news comes, if you're out you're going to find it next to impossible to get back in.

[ducati2345] 04/7/2018 20:06

Wonder what. There's nothing to talk about till they say who JV partner is. Sp will just wander down

[kierandoberman] 04/7/2018 19:10

For a share with purposely a small free float there's an endless supply !

[fardels bear] 04/7/2018 19:01

How odd. Fourth of July and not a single post on I3E board. Makes me wonder a little.

[caters] 03/7/2018 13:56

I think some of us here may be looking at a LR2 tanker full each :-)

[ducati2345] 03/7/2018 13:39

Better be more than a boat load, won't get rich on one boat load of oil

[showme01] 03/7/2018 13:24

Caters. Sounds like a plan!

[coscos] 03/7/2018 13:00

Think a few holders last week thought it was the end of a good run and bailed out when the price dropped. As we have seen, it didn't take long for someone to mop them all up. Shame I didn't have any funds to buy more 8-(

[caters] 03/7/2018 12:13

LOL!And true.They've got to just keep shaking us PIs out of the tree.If this share were more liquid and I could be sure of getting back in, I'd consider trading a very small number of shares on what looks like a quiet day. But the lack of liquidity on the offer stops me from doing this.I'll just have to switch off the computer and enjoy my life whilst Neill and Graham make everyone a boat load of money ;-)

[showme01] 03/7/2018 12:13

Caters, I agree. The BoD do not need to do a placing ( they did say at the AGM that the funding they have entered into is non dilutive ). I think the idea of the education roadshow was to give the ii a heads up that there could be some good short term liquidity once funding news comes out. Graham has said to me previously they would like institutions to have apposition in i3e as it supports the share price moving forwards. Time will tell.

[begorrah88] 03/7/2018 12:07

That sort of thing does happen but is stymied when the MM's tug the share price down to trigger stop losses and try and create some panic only to find PI's loading up and exacerbating the lack of stockNot dissimilar to what happened last week

[fardels bear] 03/7/2018 11:58

Well in my experience the iis give a huge buy order to the mm of choice (or preferably more than one). These mms signal with some strange buy and sell order quantities, then they all drop the ask massively to trigger as many stops as possible, mms fill order and price goes back up so fast the dispossessed can't buy back in. If order not complete mms do it again until it's filled... Or am I just cynical?

[caters] 03/7/2018 11:51

So the only way for IIs to build a decent position is through the open market if no large holders are selling and the CFO says how much they (BOD) don't want to dilute.GH said at the AGM that dilution is to be avoided. Graham was pleased that there were fewer than 40m shares in issue and it sounded like he wants to keep it that way. Suits me fine.But if IIs want in, how do they get a slice other than on the open market?Graham and Neill clearly see that the share price is really undervalued so why on earth would they do a placing (even at a modest premium) now?I don't think they will. The IIs will have to buy on the market or hunt around via brokers for holders of large chunks of stock. This is an unusual situation for a small AIM oiler. Exceptional.

[coscos] 03/7/2018 11:48

Demand will certainly outstrip supply going forward to first drill. Low political risk, low risk development drilling, additional recoverable reserves to be added along the way and a high oil prices all tick the boxes for institutional support. From my experience they always follow sometime after everyone else.

[showme01] 03/7/2018 11:30

Coscos, agree. After going to the AGM, there were a few suits talking to the directors about the presentation. We left the room then but I guess it is institutions looking at taking positions. No liquidity for them ATM but there will no doubt be some profit taking on funding and a great opportunity to accumulate. It won't do the share price any harm either!

[coscos] 03/7/2018 11:19

It won't be long before an institution makes a move to pick up say 3% of the company and then the real rises will come. Just need the contracts signed off and we're away.

[fardels bear] 03/7/2018 10:49

I didn't buy the 5000...

[showme01] 03/7/2018 10:38

Looks like there is a bit of stock about which is great as the more that can be shifted pre funding, the better. JCAM I'm told are holding longer term now so it can only be City Financial or the Swiss PI that bought a load of options at 30p.
It's coming together nicely.