Trinity Exploration & Pr... Share Discussion Threads

[esmerelda] 24/7/2017 09:33

Current quote is 11.93 to sell £3k so looks like that is moving up nicely within the spread.

[aimmafia] 24/7/2017 09:14

I'm not here either for 15p. But its total skull duggery what's going on here..... there is ZERO reason to drop the bid 6-7% every single morning

[shrewdmole] 24/7/2017 08:49

Aim

Chill.

Nice and steady, we know Trin are pumping and making money the market will wake up to that when its ready. I'm not here for 15p but fair value for now mid 20's then see where oil and galeota take us 45-50p?

Someone sent me a Twitter post of the charting on Trin which reads very positive but I can't paste it. Broken 20 Dma rising.

S

[bones] 23/7/2017 20:11

I think that summarises it well Shrewdmole. Spellbrook brings up a point of interest though as there was little discussion of exactly why Menzies was appointed apart from beefing up the governance. His M&A credentials were part of the reasons given in the RNS. Perhaps this is, as Spellbrook says, with one eye on an ultimate exit as well as the longer term strategies?

[spellbrook] 23/7/2017 18:05

More along the lines of his experience may open up opportunities/ buyout

[bones] 23/7/2017 16:57

Do we need any "opportunities"? You refer to M&A I guess?TRIN is stabilizing its existing ops right now and I would have thought the last thing it needs is to go splashing out on new acquisitions.Menzies is non-exec so let's not expect too much. It's still Dingwall's board and he has been clear about the need to conserve and improve cash flow from existing operations. They still have the government to pay off over three years.

[aimmafia] 21/7/2017 17:52

Must be naff all stock left in the 12's

[astorcourt] 21/7/2017 17:45

Same buyer as last one maybe?

[shrewdmole] 21/7/2017 17:31

Another near 500,000 buy delayed by the looks of it !!!

[the big fella] 21/7/2017 16:39

All square on the day. Given WTI off a bit not a bad result. Good weekend one and all.

[mark10101] 21/7/2017 16:37

Yes weird day, seems like the MM wanted no volume today. As you say possible they want to hold stock for the next leg.

[aimmafia] 21/7/2017 16:16

Waste of time today's action....

[esmerelda] 21/7/2017 16:11

I'm not waiting for the RNS, I'll have another small top up now!

[aimmafia] 21/7/2017 12:31

MMS are waiting for rns.... once it lands then it will be priced accordingly

[mark10101] 21/7/2017 12:21

All very odd, all trades above 12p and then poxy (normal) 800 UT through at 11.5p. Bet they dont let you buy at anywhere close that level.

[mark10101] 21/7/2017 12:08

Yep, there she is.

[mark10101] 21/7/2017 12:07

First PME, no doubt be another.

[shrewdmole] 21/7/2017 10:50

That's a very tight spread!!

[the big fella] 21/7/2017 10:37

Online spread is 12.15 / 12.185 in reasonable size.

[mark10101] 21/7/2017 10:20

Apparently the bid is actually 12.125, very interesting tight spread and holding firm, hopefully we can move in the 13p range today. The further we get before news the better platform to move on from.

[mark10101] 21/7/2017 10:04

Buys coming in at a good level despite the ludicrous reported bid.