Trinity Exploration & Pr... Share Discussion Threads

[lw425] 25/6/2018 07:27

Well they hinted at it in the results.

It was expected but the discount is shocking. I thought 18p for a smaller amount.

PI's rodgered once again.

The nasty stench will hang around for at least a few weeks so expect 14p.

[marvelman] 25/6/2018 07:27

Had just topped up at 21p...feel such a prat and no doubt not on my own

[2prsimo] 25/6/2018 07:22

15p - ouch!

[honestmarty] 25/6/2018 07:21

Could easily fall below the 15p placing price and will act a severe drag on share price for weeks while it churns through flippers

Painful

[phowdo] 25/6/2018 07:20

That is a spectacular shafting of PIs.

They were probably arranging the placing as the OPEC meeting was ongoing.
Why didnt they wait for that to conclude so there was certainty for the market over oil prices going forward?

[deeppockets] 25/6/2018 07:18

Great to get the cash and be debt free but far too low price! Where will we open? Gutted!

[marvelman] 25/6/2018 07:17

Shafted good and proper..in the end the directors, as is always.have looked after the most important part of the company...themselves

[honestmarty] 25/6/2018 07:09

A swift kick in the nuts if ever I saw one.

Several oilers raising cash at present , shafting the PI for dubious reasons.

Hard times coming?

[moneytree1] 25/6/2018 07:06

begging bowl out at 15p

o dear.

[spellbrook] 23/6/2018 17:22

What happens to the share price if a Jv on the Galeota license gets announced

[melody9999] 22/6/2018 23:14

just missed out on 20.7 so another 50k for me at 21.1

[cookie dough] 22/6/2018 20:11

Hoovered some up at 20.68 earlier. Value for money with TXP up over 4%.

[spellbrook] 22/6/2018 20:05

Still believe had the 49,050 and 44,200 myself, the bod are my kind of team...

[che7win] 22/6/2018 15:17

txp good too

[bones] 22/6/2018 15:04

Ditto Mount Teide, picked up further 50k @ 20.39p. Result!

[mount teide] 22/6/2018 15:04

Oxford Economics this afternoon - 'Opec looks set to agree to raise crude oil output by 1m barrels a day. This would translate to an actual 0.6mb/day as not all countries can increase. This is as anticipated. Supports our bullish short-term view on oil. We see Brent at average $80 in H2, up from $71 in H1.'

[mount teide] 22/6/2018 15:00

Thanks Mr Market - grabbed another 64K @20.7p - the Opec news seems to have kick started some upward momentum among the oilers.

[whiskeyinthejar] 22/6/2018 12:42

Opec now in closed session.

I think this ought to appeal to Iran because market share would not permanently change:

Reza Zandi @R_Zandi
Exclusive | #OPEC SOURCES on the latest agreement is 1) to KEEP current DOC till end of 2018; 2) bring compliance down from 120% to 100 %; 3) that additional 1M bpd that’ll be added has to come via a compromise and authorisation between producers.../1 #OOTT #OPEC

Reza Zandi @R_Zandi 7m7 minutes ago
... for instance if Venz cannot comply and Saudi wants pick up its slack, it has to negotiate with Venz first.
So members who want to compensate for lost production from other members who cannot reach full compliance, have to get their permission first. /2 #OOTT #OPEC

Reza Zandi@R_Zandi 6m6 minutes ago
This agreement will amount, in practice, to an increase supply of between 400,000-600,000 barrels of oil a day to the market. /3 #OOTT #OPEC