Rockrose Energy Share Discussion Threads

[itsnotmeitsy0u] 24/4/2020 10:34

spread on this is INSANE!!

[arcteryx] 24/4/2020 10:23

Anyone else hoping for another reverse takeover, suspension of shares for a few months, by which time market disorder calmed and oil price recovered a little, and come back to market treble or quadruple the current share price?
Has happened at least twice before with Rockrose, so don't believe it's an impossibility for this company, is it? Or has everything really changed for the worse now, forever?

[gf123] 24/4/2020 09:45

Cavendish wont mind taking them

[danawinner] 24/4/2020 09:34

I think that they must have met costax in the school playground and he gave them some sweeties for them. They got ripped off.

[arcteryx] 24/4/2020 07:56

Why on earth are people selling at these prices?

[bigalan3] 24/4/2020 07:26

I hope we are Not going to get more filtered Costa coffee.

[costax1654x] 24/4/2020 07:14

Relax boys....

[bozzy_s] 23/4/2020 22:24

So does s/he only post when the oil price falls? And complete silence when it goes against their position. Hoping for another quiet day tomorrow then .....

[dragon35] 23/4/2020 21:12

Where's cotsa coffee? Perhaps he has gone full decaff for a while? Sure he will return when oil price drops a few pennies!

[ammu12] 23/4/2020 18:50

Although we do not set explicit long-term targets for reserves or production, believing instead that the shareholder value is a more important metric, we remain committed to growing the business. We have built an excellent platform from which to do that and could deploy significant capital for the right opportunity. With that in mind, we have evaluated several potential acquisitions since closing the Marathon UK transaction, and we continue to evaluate potential acquisitions. However, it is critical that we maintain capital discipline and we must be prepared to walk away from opportunities if we do not believe they will be accretive to shareholder value.

[ammu12] 23/4/2020 17:53

Cavendish increasing.Reckon news soon here...

[francoismyname] 23/4/2020 17:34

Good news major holder buying more ref the RNS.

Positive signs....

[gooner1886] 23/4/2020 16:58

People still very cautious on oilys atm, very volatile,

[bozzy_s] 23/4/2020 16:56

Very quiet BB today. I wonder why? !!!!

[ammu12] 23/4/2020 16:16

Chart wise this is looking very bullish.... 10's soon Gap to fill at 12's

[thorpematt] 23/4/2020 16:05

I picked a few of these up today also. A smallish position for mid term hold.

I also went long on WTI basket this morning, I think it has to converge to around $20 in quite quick order since it's really been dragged down by the June price following May's fiasco.

GS were this morning saying mid-may will be 18MM bbl / day reduced demand (which is a darn site less than the 29MM for April) and in reality only about 8MM off suplly (so a more manageable amount of oil to float for a few weeks.

[danawinner] 23/4/2020 15:46

Should see 400p this week? Very happy for you. Has your pocket money gone up then?The big boys get lots more than you because they invest in shares like RRE.

[adamb1978] 23/4/2020 12:27

I bought a few this morning - half a position. Basis is less to do with the company - more that oil demand will inevitably be higher in a couple months and higher again next year and the year after, therefore this gives me exposure to that increase but with low-ish downside risk from company specifics due to the large cash balance

Will add more if the prices drops below £7

[ammu12] 23/4/2020 12:21

Nice stake building

[arcteryx] 23/4/2020 11:28

Yeah looks like they have been rebuilding their stake over the last couple of months since selling down from last summer and early this year. According to a 6th Aug 2019 RNS they had previously held 14.47%. Not sure what the most % is they've held.

[anley] 23/4/2020 11:20

Topping up its holding to 11% by Cavendish this morning.......very skillful fund managers.

[money4me] 23/4/2020 07:25

Can't believe this is still going up. Technically good as I am in at higher sp, but do want to sneak some cheaper shares.Keep well everyone

[costax1654x] 23/4/2020 07:03

I don't care!!!?Stop lying son