Sirius Petroleum Share Discussion Threads

[thundercat1] 28/1/2016 15:09

It could be worse could have bought 200k in oilex at 11p like grannytwit ;) then sold at 1p.
At least we still hold have faith and have averaged down a lot, I'm still confident once all the share shifting has been completed news will follow and then we will see lift off!

[jimduggan] 28/1/2016 15:00

No way can they carry on with all this buying and no shift in share price without explaining what is going on

It's not fair on investors

[fazertracy] 28/1/2016 14:59

granltim 28 Jan'16 - 14:44 - 43707 of 43708 1 0


fazertracy
25 Nov'14 - 22:43 - 42 of 57 0 0

and just a reminder as to why we shouldn't take any notice of dates (hard to do I know and I'm guilty of that) in Aug/Sept, we were at 'last chance to get in under 4p'. That is not berating the Doc either as he gets led up the garden path as much as us.

Yep, big regret not listening to you back then as I'd now be sitting on 25m for the same cost. Thank you though for helping me to average down......considerably.

[jimduggan] 28/1/2016 14:58

Rns tomorrow imo

[howdlep] 28/1/2016 14:53

The question for potential investors now is whether at 0.23p, the shares are attractive on a risk/reward basis.

Given that any future placings cannot be issued under 0.25p, I would be expecting bullish newsflow in due course. We will see.

Certainly, that would be good for a very quick short squeeze...

[granltim] 28/1/2016 14:44

fazertracy
25 Nov'14 - 22:43 - 42 of 57 0 0

and just a reminder as to why we shouldn't take any notice of dates (hard to do I know and I'm guilty of that) in Aug/Sept, we were at 'last chance to get in under 4p'. That is not berating the Doc either as he gets led up the garden path as much as us.

[jimduggan] 28/1/2016 14:42

I am not interested in what he says

I am interested in why this share price stays rock bottom on so much buying

[granltim] 28/1/2016 14:39

Non too clever you girls aye?

[jimduggan] 28/1/2016 14:36

He is filtered what's he say?

[howdlep] 28/1/2016 14:35

granltim,

The ND was long his spreadbet. That is fact. Read the original RNS dated 2/11:-

"Chris Neal is interested in 12,762,083 ordinary shares of 0.25p each in the Company, representing 0.8% of the total issued share capital of the Company. He is also interested in a further 6,912,000 ordinary shares in the capital of the Company by virtue of a spread bet"

[cammy3] 28/1/2016 14:35

Gran - please apologise. Hopefully Simon our New man from Afren has secured the drill cost at the bottom of this cycle and now OIL heading North sharply.

Amazing bit of timing/Luck

[granltim] 28/1/2016 14:30

Cammy,they couldn't get funding when oil was $150pb the chances now are zilch..
Grow up,you all got it wrong ;)

[granltim] 28/1/2016 14:26

Short it to zero.. If the directors have been spread betting you can guess which they they were hedged.. Not too clever to have it open when they put the lights out though ;)

[cammy3] 28/1/2016 14:24

ok chaps - sit down - oil just smashed through $36 and about to smash through $37. Have we secured cheap drill costs just in time ?

[1alfi] 28/1/2016 14:22

Thanks Cammy

[howdlep] 28/1/2016 14:21

If (big if) there was a bid, it wouldn't need "a bulldozer full of buys", as the shares would be suspended and then comeback at the bid price. That said, looking at the chart over just the last month, there is volatility.


free stock charts from uk.advfn.com


As for why you would want to be long the shares and not via spreadbet, here is the IG Index view re 'force majeure', see page 11. My thanks to others on the bb for raising this issue earlier.



Volumes could be interesting this afternoon...

[cammy3] 28/1/2016 14:20

Just turned them into physical shares. Makes complete sense to me. Probably opened the bet to get MAX exposure with whatever cash he had so exposed to 7m shares or £20,000 for an upfront c£4k. He's maybe now got some free cash and has just decided to add another £16,000 and bring them into his ownership. Much better than being closed out.

[jimduggan] 28/1/2016 14:20

No shift from the shifty ones

[jimduggan] 28/1/2016 14:19

You see a 750k buy and no move!!

[jimduggan] 28/1/2016 14:18

If he did then he did it to recoup losses but always had faith in final outcome