Share Name Share Symbol Market Type Share ISIN Share Description
Pantheon Resources Plc LSE:PANR London Ordinary Share GB00B125SX82 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.11 -0.64% 17.09 17.00 17.18 17.18 16.94 17.02 1,851,343 16:35:09
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 1.0 -8.8 -3.7 - 86

Pantheon Resources Share Discussion Threads

Showing 37051 to 37072 of 37650 messages
Chat Pages: Latest  1494  1493  1492  1491  1490  1489  1488  1487  1486  1485  1484  1483  Older
DateSubjectAuthorDiscuss
10/10/2019
21:40
No, you see it as overhang because that confirms your bias. Average daily volume for the last two months? There is no interest of value in the stock. Yet.
metalbee
10/10/2019
16:03
Metalbee, I think you may have just described a situation known as 'stock overhang'. hTTps://moneyweek.com/glossary/stock-overhang/
rabito79
10/10/2019
12:46
Scot123 bless him
polar bear1
10/10/2019
12:44
Next person to say "stock overhang" gets a fist in the face if I ever meet you. What a ludicrous explanation to suppression of the price. If there were bidders who wanted the stock above the "overhang" price then the seller would have sold into that. The ONLY reason the share price isn't moving in any meaningful way is that there aren't any buyers of meaningful volume. Stop embarrassing yourselves with these ludicrous ideas.
metalbee
10/10/2019
12:40
With regards stock overhang, scot126 in his post 4052 mentioned he had heard a big seller had finally cleared his stock so maybe the path is now clear for the stock to rise. At the last presentation JH seemed incredulous that the share price was lower then (c 17p) than when GB merger and fund raise was announced last December. Over this period of time the market has simply ignored the progress with the drill bit and their greater understanding of the assets in Alaska. I can't help feeling that PANR could be the recipient of an opportunistic bid. Interested parties currently have access the the data room which will show them the sheer scale and size of the Alaskan assets. A bid of �1 per share would value the company at around �650m which at $10 per barrel of oil would equate to reserves of only 85m. Given that the company in their September presentation estimate that recoverable oil adjoining the pipeline and Dalton Highway is in the range 180m - 270m and with 1.8bn bo discovered (subject to testing)there is so much further upside and East Texas hasn't even been considered.
dlm2602
10/10/2019
12:25
My modest possible RNS list before any JV deal: Texas reworking of the geological data. Clearing up of the holding issue with Mrs Gray. Slightly more important would be Clarification re Halliburton on their probably now lapsed back in right on Alkaid. Lastly buying out Otto Energy of their interest on the North Slope. Otto have bigger fish to fry in Mexico now. All possible modest RNS’s.
davidblack
10/10/2019
12:09
Having read some of your posts DB, you seem like a nice chap. But you do come out with an awful lot of drivel. What do you mean by “A bit of modest news”?
polar bear1
10/10/2019
11:40
Spark, yes it looks like a persistent overhang has gone. Given the downward graph on Pantheon for the last few months the MMS would not of been holding much stock, possibly a tad short. So if that overhang has lifted this move may simply be MMS righting their books? A bit of modest news and some steady buying should see it back into the 20p area. The JV announcement could then provide the real rerating before Christmas? Hopefully.
davidblack
10/10/2019
11:37
imho this will only get to 40p if successful with farm out.............or a bid?
bit coin
10/10/2019
10:54
Looks like this is about to break out hold tight should be over 40p at this time IMHO
senttothegallows
10/10/2019
10:50
One conclusion to the behaviour of the share price is that the previous persistent seller (likely to be a loose holder from the placing?) is running out of stock. If so, it is likely the stock will start to rerate. Any shorter had better watch out if this marks the start of the move towards fair value ..... ! It will be interesting to hear from those knowledgable posters here just what their view of fair value is ..... I have heard suggestions it is around 40p per share? That really would make for a Very Happy Christmas!
sparki2
10/10/2019
10:50
Spread is horrendous, I guess that relates to the lack of volume. I'm quoted around 17.2 on Ig markets, but IT finance showing 18.48!! Volume (IT finance looks to be around 100,000. Yesterday was 700,000
stupmy
10/10/2019
10:25
We have trades, hurrah!
astralvision
10/10/2019
09:59
Yes, WINS moved up to 17p, offer is around 18.5p, good news coming and MM's got a whiff of it?I guess if good news was soon we would be seeing some trading volume.All very peculiar.
astralvision
10/10/2019
09:55
Lesson 2: Anyone who believes they understand what is going on is misguided. Whatever else people think of Pantheon it is very good at keeping secrets and doing so over long periods. Nice to see the price move up even on no volume.
davidblack
10/10/2019
09:14
Lot of jiggling around on L2 but not a trade to be seen!
astralvision
10/10/2019
08:52
Lesson 1:- It is very dangerous to make assumptions when you are not properly up to speed on Pantheon
senttothegallows
10/10/2019
08:27
Great time to buy then, market disinterested and share price below recent 18p placing price. Given the potential here that's the sort of risk/reward I like.Accumulate, imo.
astralvision
10/10/2019
07:14
Staying the obvious perhaps but the stock price won�t recover until they give the market some meaningful news. Talk of recoverable assets etc is just that and the market is disinterested. All goodwill was lost some time ago.
polar bear1
10/10/2019
06:41
if a sensible farm out is completed and Alkaid brought into production this winter we'll have cash flow a'plenty to get those pesky drills in Texas reworked and producing. but heaven help us if the FO is not achieved because it will mean another round of fundraising and I doubt the new board will agree a further £100,000 bonus for Justin, Aye!
bit coin
09/10/2019
20:05
The GB holders took a massive haircut merging with Pantheon on a 1:1 basis but their backs were against the wall on both Winx and Alkaid with time deadline work commitments. Also the big upside was that Pantheon had quoted shares that enabled the clean up financing to happen. GB didn’t have that flexibility. So on balance, “We UK holders” gained hugely. Especially in the context of recent discussions sometimes suggesting that 100% of the value is in Alaska and nothing for Texas? Personally I am a bit more supportive of Texas and would put that split 80:20 Alaska to Texas and if that was “Fair and Reasonable” the historic Pantheon holders got a 250% uplift in the fundamental assets of the business. The only disappointment being that the shares aren’t 40p today reflecting that uplifted value transfer. But maybe post the JV?
davidblack
09/10/2019
15:35
Good to see bid back at 17p, hopefully more to come.
soulsauce
Chat Pages: Latest  1494  1493  1492  1491  1490  1489  1488  1487  1486  1485  1484  1483  Older
Your Recent History
LSE
PANR
Pantheon R..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20191122 20:24:20