Petrel Resources Share Discussion Threads

[dusseldorf] 17/5/2024 15:06

Solid £12k buy just gone through. expect to see more delayed sells at end of day.

[felix0007] 17/5/2024 15:06

Scott is that your top up come through??

[valentine73] 17/5/2024 12:40

6879 showing on Aquis exchange

[scottboseley14] 17/5/2024 12:39

I topped up earlier - whether or not that was a good move, we will see. But it's not showing... ?

[maxk] 17/5/2024 12:36

No trades at all .. none?

[palwing32] 17/5/2024 11:20

Top up time too. ?????

[slim pickings] 17/5/2024 11:06

They're not getting any today by the looks of it. Although we may get another raft of late posts !

[dusseldorf] 17/5/2024 11:04

I wouldn't want to be out over the weekend(!)


....what? ....too soon? 😂

[apotheki] 17/5/2024 10:15

A similar situation [a buyer taking all the shares on offer] occurred prior to the award of S&L

[highlpark] 17/5/2024 09:44

Interesting, they must have a buyer after a significant amount of shares.

[fenners66] 17/5/2024 09:43

Who's dougie mostly wrong ?

[dusseldorf] 17/5/2024 09:37

All things considered, given the disappointment of last weekend, the complete radio silence, the history of failure to deliver, the price is actually pretty stable. As per yesterday the MM's offering to buy your entire holding - you can make your choice, illiquidity is not against you

[apotheki] 17/5/2024 08:21

The NOMAD will NOT allow for an RNS to be issued unless there is something specific to report which there is not YET

[bibdaddy] 17/5/2024 07:58

The lack of an RNS is appalling. If there was no bid made then why not give the 'there is no known reason for the rise' last week, alternatively talks are ongoing but remain sensitive. No doubt the directors sold into the spike.

[palwing32] 17/5/2024 00:57

82 year Beryl will explain...

[phil mcavity] 17/5/2024 00:20

From the other thread:

"````Fifteen years down this line, the share price is on the floor, but the blind hope of shareholders remains. As an outsider, I’d ask those holding to ask themselves, why would the Iraqis consider awarding a contract to three aging Irishmen ( Horgans 65, Teeling 78) operating out of a shared office in Dublin, with no staff, little cash, and no history of drilling a well?"

If you can`t explain - probably best to get any money out while you can, this charade cant last much longer.

[goggin] 16/5/2024 22:00

191 grand app at avarage of 2.5p, not insignificant

[apotheki] 16/5/2024 18:28

Unlikely to be any further warrants Slim Pickings due to the exercise price being 1.8p

[slim pickings] 16/5/2024 18:26

Maybe the warrants with delayed notification?

[apotheki] 16/5/2024 18:26

Could well be buys Dusseldorf but agree it is hard to tell especially with delayed trades. Either way there are always others on the flip side of the trade. So if you are correct then others bought 'em as MMs hold very little if any stock.

If you hold over 3% you need to then report on buys or sells every 1% so if you held 3.25% but then fresh buys took you to 4.1% then you would have to complete a TR1 form for RNS

As it clearly won't be a director it could as you suggest be Andrew Batchelor who is obviously a single gentleman!

[fenners66] 16/5/2024 18:21

Goggin "Good long term chart."
You are trying to get a job as a comedian ?
Or perhaps trying the Putin style of announcements - i.e. the opposite of what is happening.

You got that chart upside down ?

Tamraz and co did sell at a profit.
They failed to pay for a second tranche even though they were in profit at the time.
They were trying it on and its not their first or last time.
This thread pointed that out from the start but still it was narrative so the other thread played the
pump and dump for all they are worth....

[goggin] 16/5/2024 18:04

Good long term chart. All they need is a sniff. Don't know that directors can deliberately mislead investors. I know keeping things vague is the key. Time will tell, Tamarz & Co tried to dump at a hugh profit rather than hold but we will know soon enough. News within the next 3 month, last time it all kicked off in July, this time it will happen sooner. Annual report due end of June usually

[dusseldorf] 16/5/2024 18:02

When combined with yesterdays delayed trades I'd say it looks like a concerted group of sells in region of 8-12m shares. More of the same listed tomorrow perhaps after hours.

Holder..................................Amount.............Percent
John James Teeling......................27,334,871.........14.87%
Interactive Investor Services Nominees..22,249,908.........12.10%
Hargreaves (Nominees) Limited...........14,932,617.........8.12%
James Finn..............................13,618,718.........7.41%
HSDL Nominees Limited...................10,667,124.........5.80%
Andrew Batchelor.........................8,000,000.........4.35%
David Horgan.............................4,215,384.........2.29%

No idea who Andrew Batchelor is but I suspect he's been accumulating low over past months (probably held more than 8m - possibly under Cantor Fitzgerald umbrella RNS) and just dumped the lot - suprised we didn't get an RNS re his holding, which I thought was a regulatory requirement