Lekoil Share Discussion Threads

[amrishbhim] 26/6/2019 10:42

That was a sell , part of the second RNS today

[jungmana] 26/6/2019 10:23

You right is a sell. Capital's I believe

[mcmather] 26/6/2019 10:19

Delayed trade; was it a sell from earlier?

[jungmana] 26/6/2019 10:18

A near 2m buy there :-)

[levy1] 26/6/2019 10:05

Think this fall is just related to funds wanting to clear out positions per June 30 (half year reporting). If so should be over today.

[letmepass] 26/6/2019 09:45

This is an amazing opportunity to get in low... Mcap less than 20 million.

[letmepass] 26/6/2019 09:43

I meant 20p.. Me bad

[amrishbhim] 26/6/2019 09:41

Letmepass, always having laugh, I don't see this as 2p more like 10p by end of the week, by close July 40p

[jungmana] 26/6/2019 09:37

Yep back to blue :-)

[bullinachinashop3] 26/6/2019 09:33

tree shake, up we go

[jungmana] 26/6/2019 09:26

They may just be trimming their position and not selling out completely. But what ever happens this is an excellent buy under 4p imho.Lots of news due in the near term

[jungmana] 26/6/2019 09:24

Capital's tr1 was 25m left as of Monday. We have traded a volume of over 35m since so imo if they want out should not take long to clear.

[sapper2476] 26/6/2019 09:23

Just a desperate attempt to take some shares. No sellers.

[letmepass] 26/6/2019 09:22

Can see this at 2p

[amrishbhim] 26/6/2019 09:17

And opps let's see what the end result of the day. I'm sure it get near to this morning start

[deanmatlazin] 26/6/2019 09:15

Wow...it drops like a stone. Oooppss

[jungmana] 26/6/2019 09:10

Do you know that rns is a legal document?This is very undervalued right now purely due to selling by two major holders.We should get news soon on funding for the ramp up from our current 2000bopd to 6000+ bopd.Also farm down of OPL 325 discussions on going. OPL 310 we own 12% and the increase to 40% dispute will be resolved soon imo.So lots of news to look forward to in the short term

[ianio5691] 26/6/2019 09:09

So two sellers have decimated the price.
I wondered why the rally yesterday was so muted.
Frustrating to see this undermining the share price again, but...

Nice top up opportunity!

Fantastic news regarding CPR upgrade.

Once this 2nd seller is cleared, true value will out.

[deanmatlazin] 26/6/2019 09:04

Price not going up?? Is it a Nigerian scam going on?? Hope the company not give bribe to bump up the reserves!

[grannyboy] 26/6/2019 09:01

"but I don't see a discount placing to be honest"

Well going by some posters on here, it's already at a discounted share price...Plus it's very rare for a fundraising to be done at a premium in the oil&gas sector..

There could be some concerted p&d action to try and get the share price up before announcing a raise...you know the usual spiel..

[jungmana] 26/6/2019 08:59

Yep second seller. Will take another week or so to clear them if they are selling out completely

[nick rubens] 26/6/2019 08:59

feels like Jennison may have used today to sell any remaining stock. Will we get a 0% RNS if they are fully out?

[hope67] 26/6/2019 08:58

another seller then

[jungmana] 26/6/2019 08:56

I think will be debt to fund the ramp up. Clue in my post above.Already too cheap at today's market cap