Ophir Energy Share Discussion Threads

[jotoha2] 11/1/2018 16:30

They do have oil and also gas , but Fortuna will be gas.

[wilksey1] 11/1/2018 16:27

and there,s me thinking these have oil, what a silly buggar

[ohisay] 11/1/2018 16:03

Er ....thats because its gas oriented -just aint the same.

[jotoha2] 11/1/2018 16:02

We are waiting for news of finance to enable Fortuna to move progress , massive long term potential with profits pa estimated at min £400 million going forward.

[wilksey1] 11/1/2018 15:19

surprised this is not a lot higher with the price of oil at nearly $70

[zcaprd7] 10/1/2018 22:30

Retest of 70p tomorrow, and away?

[jotoha2] 09/1/2018 16:10

Come on ophr lets get that news out , it's well overdue !

[zcaprd7] 08/1/2018 14:42

Hopefully it's back to a support line...

[zcaprd7] 05/1/2018 12:59

Looks like 70p, which was such longstanding support for nearly 2 years, has turned into a resistance line...

[goblin99] 05/1/2018 00:01

Wow, for one with so many shares, a lot of anger in them lettuce. Chill, have a doobistani, and if you can't sell your big job lots, then I'm sure another window will open. You're making the carrots trading, whereas others await the harvest after a few years of drought. For to be sure, the heavens will have to open at some point and the fields' thirst will be but quenched.

[zcaprd7] 04/1/2018 16:26

I rest my case...

[badger60] 04/1/2018 15:57

Yep.... definitely time to sell...nigelpm

[badger60] 04/1/2018 15:42

There you go nigel........2 out of 3 of you uncertainties confirmed...........the 3rd being yourself...

[badger60] 04/1/2018 15:37

zcaprd7..... you've got " loser" written all over you!

[nigelpm] 04/1/2018 15:36

No problem - what really worries me is that you like OPHR - makes me think I should sell.

[zcaprd7] 04/1/2018 14:17

I wouldn't give him the benefit of the doubt, he acts bipolar on other forums as well... As long as you agree with him, he's lovely lol

[nigelpm] 04/1/2018 12:50

That's not my point.

Ignoring iceberg's hidden on the order book ->

The minimum I could immediately buy/sell is :

c. 80k shares at 70p
c. 50k shares at 69p

That's plenty liquid for a stock this size.

You might not be able to get 50k at the bid/offer prices but that's a completely different point.

[loglorry1] 04/1/2018 12:46

Nigel the depth of the book doesn't mean a lot for this type of stock. If there was a big seller there they'd reload the offer once it was gone.

I don't know badger but I'll take him at his word. If he holds 500K OPHR as part of a diversified portfolio he has a sizable portfolio. It could easily be that he was not able to get an offer using DMA in size but was able to shift the stock in tranches using the method I describe in the paragraph above.

There is no real way to know what sort of market depth there is on the bid or offer as icebergs can always come into play.

[nigelpm] 04/1/2018 12:39

Sorry but that's not reality again.

c. 80k on the book to buy up to 70p and c.50k to sell to 69p FWIW.

[badger60] 04/1/2018 12:39

I've just squeezed £15k out of trading it over the past 3 weeks....why wait until 2020, and with a substantial postion you can have a few fun and games. The problem is that I want to deal in 50ks and 100ks there and then ....but no quote

[jotoha2] 04/1/2018 12:33

Badger , if you want the big returns then you will have to be patient and wait for 2020 , this project is massive , and should generate profits of $400 million plus once completed!!