Thalassa Share Discussion Threads

[bookbroker] 28/2/2017 08:48

And was that man DS!

[pj 1] 28/2/2017 08:44

lol, we wish!!!!

[cockerhoop] 28/2/2017 08:42

A man was seen running down a mountain in Papua New Guinea with a nugget of gold so big he could barely hold it in both arms :-)

[pj 1] 28/2/2017 08:40

basem. THAL was one of my most largest profits until this year and I followed the previous rise and luckily sold on the way down as lower lows kicked in

It always had a large spread >5% often over 7%.

[basem1] 28/2/2017 08:34

Glad they're playing ball with the spread, a tight spread attracts traders. The last rise to £3 there was always a tight spread.

[jmf69] 28/2/2017 08:30

Mms want stock and someone just obliged with a 10k sell... sucker

[basem1] 28/2/2017 08:15

That chart.......to die for, no meaningful resistance until approx £1.70.....could we be that lucky ??

[frazboy] 28/2/2017 08:15

Did thalassa get tipped on Monday's online version of the IC?

[jmf69] 28/2/2017 08:11

Buybacks tend to show as one big trade of atleast 50k and often as a sell

[frazboy] 28/2/2017 08:08

And apparently no buy backs

[jmf69] 28/2/2017 08:07

Another 10k at full ask this morning

[frazboy] 27/2/2017 19:41

What are these reserves? And what "commodity hedging" are they talking about? Is DS doing some trading on the side? I spent a good few hours pouring over the accounts/press releases and I ended up with more questions than answers... For example this sale of the multi client data in November... I thought that tgs nopec were doing the sales so any revenue due to thalassa would come directly to thalassa and would go straight to the bottom line (the marginal cost of the sale is the cost of the external hard drive with the data on it).

The reason I went through the accounts was that the cynical bear blog (from September I think) muttered something about the cash being much lower than quoted, but I was reassured when i checked the accounts - I think that individual had simply misread them but to say that the press releases and accounts (particularly the former) could be clearer is a bit of an understatement

[jmf69] 27/2/2017 19:29

There's also the chance they might release more reserves prior to the results announcement

[basem1] 27/2/2017 19:28

Friday's 15000 buy and this mornings 10000 pushed up the online offer price. There's never a lot of spare stock around it seems.

[basem1] 27/2/2017 19:09

Purely coincidental as LSR price was unchanged. I knew we were close to support, my accidental 20000 buy at 63.5 is now looking clever.

[jmf69] 27/2/2017 18:10

LSR rns today might have helped?

[basem1] 27/2/2017 16:18

£1.50 = £30m mkt cap approx

[frazboy] 27/2/2017 16:18

i don't think they're buybacks

[greenroom78] 27/2/2017 16:17

Yes agree.

[basem1] 27/2/2017 16:13

If you look at the chart, this could run all the way back upto £1.50 and beyond.....and still be cheap.

[basem1] 27/2/2017 16:10

My dodgy accidental purchase now looking good, £1 here we come. Crazy market cap still.

[greenroom78] 27/2/2017 16:09

Going mad now on not a lot of volume, those 5k blocks send MMs running. Hopefully these aren't buybacks (Duncan bored on a wet Monday afternoon...) as would be inefficient use of shareholder cash chasing own share price upwards.

[lauders] 27/2/2017 15:28

Some movement! The start of a new leg higher? Here's hoping :-)

[frazboy] 24/2/2017 17:01

Yep, that may be largely true Gfrae but there aren't many sellers either but enough to gently massage the price down. I really do wish that DS would walk away, it would make the company so much more attractive.

[gfrae] 24/2/2017 16:36

The only buyer in town is DS.