Trinity Exploration & Pr... Share Discussion Threads

[awise355] 21/3/2016 11:47

That's why! Lol because someone has sold, they may have moved bid up to capture the sells?

[awise355] 21/3/2016 11:46

It's not a real bid, I can only get 2.68p live price

[awise355] 21/3/2016 11:09

Quite possible, let's see what the next form says, it does look increasingly likely that Trin is going to survive

[awise355] 21/3/2016 09:37

Nice buy from Friday

[awise355] 20/3/2016 09:11

It's so off the radar this one

[mark10101] 17/3/2016 09:37

Never thought I would be pleased to see $40 oil in sight....

[awise355] 17/3/2016 07:13

And another 550,000 purchase by SEGALCan't be money after bad can it?! This is starting to get exciting ?

[mdw1] 16/3/2016 16:31

Segel Trust has bought another 250,000; encouraging......

[mark10101] 16/3/2016 14:29

Yes WTI looks on the upd again and unlike before the TRIN seems to be following. I suspect before with the sale of the lowest cost asset TRIN was not going to respond until we got to the high $40's now our average must put us nicely in profit. Just need to sort out the debt over hange.

[ffp] 15/3/2016 22:42

Made I chuckle....

[keya5000] 15/3/2016 20:59

Seems rather strange that taking into account the 'overall picture' LGO mcap still plays out at over 3X TRIN.

[mark10101] 15/3/2016 17:35

Awise I see that as a distinct possibility let's hope the management can finally deliver the goods.

[mark10101] 15/3/2016 17:34

Rossannan yes I must admit the whole ride with TRIN can't all be people pulling strings. I openly comment on the destruction of shareholder value here being so severe that it looked deliberate for a cheap buyout. However time has dragged its feet and that has not happened yet. I took a lot of positives from yesterday's RNS and I felt that a rise was more appropriate than a fall but the MM did what they have to do and we ended up pretty much flat yesterday (14% moves in TRIN seem tame these days...). If the RNS yesterday is to believed my prefered route of refinancing the debt and keeping core assets looks a distinct possibility. Maybe the market is starting to see that also.

[awise355] 15/3/2016 17:23

Even after today's large 40% rise we sit at a £3M sterling cap.If we can refinance with the same equity as today then a 550% rise would take us to 20p or £19.2M cap, that seems reasonable to me for a start. Such little free float that it would get seriously volatile!

[mark10101] 15/3/2016 17:08

Yes final shake that last one. I wish I had not been more hammered in the rest of my portfolio as 1.8p yesterday was a gift.