Petroneft Resources Share Discussion Threads

[dbarr0n] 05/3/2015 08:59

In my opinion we had an institutional seller, Natlata didn't pick up all those shares without one and there was only one that held enough (General Invest Overseas 45,178,700 ) maybe the remainder hit the market and has kept the share price down.
Its possible they have now found new homes and the share price can get back to where it should be..

[tens machine] 05/3/2015 08:55

Spread widened , possible large order in the background. Natlata holding all the cards as interest grows

[rcturner2] 05/3/2015 08:49

A break above 4.5p would be a good move on the chart. That would look like a trend reversal.

[ravin146] 05/3/2015 08:38

Yeh agree steel, just referring to yesterday's spike, unless surprising reserve update tomorrow. A 500k buy can't trigger 10-15% rise imo...something is going on, someone is in the know imo. And why buy now is my question, yes undervalued etc, but it has been for some time now,leaky leaky imo...gla it is teh AIM after all.

[rockin robin] 05/3/2015 08:22

About time!!!

[steelwatch] 05/3/2015 07:28

Quite possible for the Sibkrayevskoye No. 373 well to be at TD by then...

[steelwatch] 05/3/2015 07:24

Maybe in the 2 weeks commencing 16 March which would fit the 6/8 weeks cycle previously inferred?

[ravin146] 05/3/2015 07:15

So no news...wonder if this will retreat or continue...

[dbarr0n] 04/3/2015 19:50

As I said before

We are debt free..
Oil to spend $ 45 million development / exploration.
Sibkrayevskoye 373 well was expected to spud end Feb.
Results from Arbusovskoye 104 and 107 due.
Tungolskoye 11 well development to start next month.
Ruble / Dollar exchange rate working in our favor.

Forgot to add in we are waiting for a reserve update on licence 67.

Oh and tomorrow is Thursday .....

[paulmurphy777] 04/3/2015 19:43

Very thin order book to fill that size

[tens machine] 04/3/2015 18:51

ask yourself why x2 Price Monitoring Extensions on a light trading 1.7m day

[tens machine] 04/3/2015 18:32

not ramping by any stretch, i have been investing for years but come back to the market after a few years off , mainly due to losses ;-((

now i have changed my strategy ,of which PTR fits this strategy.oil sector is now ripe across the board for M & A.
posting creates a bit of interest and a few bullish posts is hardly ramping .if i was i wouldn't be posting my ramps on the PTR boards is a relative graveyard!

[rockin robin] 04/3/2015 18:21

Maybe, when the numerous PTR orders came in, the dealers involved - couldn't remember, what job they did and went home...

[crudde99] 04/3/2015 18:13

Ta guys, I probably did as dBarrOn said and posted it to the wrong address LoL... Steelwatch.... what I had said in the missing post was that it is good to see some buying today. Honestly I don't know where this share can go to ( all going to plan) on the upside, but I think we probably all would agree that the Co. is very much undervalued presently and well worth hanging on tightly to for the short term at least. The few I have I will keep...

[fewdollarsmore] 04/3/2015 18:00

Another 10 more days like this and I may get excited..

[rcturner2] 04/3/2015 17:32

They look like retail trades to me. 250k shares is £10k hardly institutions.

[ravin146] 04/3/2015 17:23

Ten you don't sound like a new investor...I hope this thread doesn't become a daily ramping session by you?! Gla

[tens machine] 04/3/2015 17:16

I believe that natlata are accumulating on behalf of a 3rd party . I'm pretty sure they still are and perhaps we will find out soon. Mr abramovich jnr maybe zoltav ... Fits the bill for me as they are actively looking for assets in Siberia .Retail interest sometimes forces their hands,along with newsflow

[tens machine] 04/3/2015 16:59

Nice rise today with some non retail buys I believe, could it be further stake building from our italian investment house on someone else's behalf. This was eluded to at oil barrel presentation. Interest is building here intra day high at end of day is always a good indicator that the rise it set to continue tmrw.This has gone too long unloved, every dog has his day.

[dubhgeannain] 04/3/2015 16:53

Closed in auction with two price monitoring extensions. Not the RNS I was expecting. Volume roughly 50% above a low average. As RCT said, "nothing to write home about".

[ravin146] 04/3/2015 16:52

Odd day on the graph and the bb's. 'Ten..' recently appears, a few others too on the other thread on advfn adding to the buys, why now, no idea, dbarron surprisingly fires blanks, posts go missing and share price shoots c.10%. Something fishy going on?! Imo

[dbarr0n] 04/3/2015 16:51

crudde .
You posted that on one of the other threads.

[kevjones2] 04/3/2015 16:51

A 12/13% rise (as it stands now) on any share on any day is great news - end of story. Maybe we'll see some more serious investment as time goes by but for now let's just enjoy a substantial share price rise for once.

[rcturner2] 04/3/2015 16:43

Fairly low volume, nothing to write home about yet. Shows how a few buys will push the price up though. I am happy holding here, I think quite a few listed O&G plays will disappear in the current carnage, and that will leave those that remain better placed to take the investor dollar.

[steelwatch] 04/3/2015 16:41

27903 missing as well.