Upland Resources Share Discussion Threads

[soulsauce] 20/9/2018 14:41

Hope so Sull.

[sull75] 20/9/2018 13:51

SP5 - A year from now the seller will be looking back and thinking if only I had a little more patience!!!

[thejaba] 20/9/2018 13:33

There is always buying and selling in any market. For every seller there's a buyer. For every buyer there has to be a seller.

[nlmbidc] 20/9/2018 13:29

I would think the MM's are happy to accumulate whilst it's quiet.

[soulsauce] 20/9/2018 12:33

Yes rather annoying isn't it 😕

[simonparker5] 20/9/2018 12:15

Someone is really desperate to get out of these. Or to keep the share price down for some reason?!

[nlmbidc] 20/9/2018 10:49

It's a good time to top up.

[michaelwhight] 20/9/2018 10:12

Seems to be holding 3.5 ok. Just the uncertainty of immediate timelines I think.

[soulsauce] 20/9/2018 10:07

Said it would need good news and that still holds.

[hulltiger] 20/9/2018 10:03

Funny old game, as someone once said. all the effort to get too and above 4p and now struggling at 3.5p.

[hulltiger] 20/9/2018 07:20

Good morning, I am very pleased to see my other investment into Wick, RBD has put out a very pleasing result this morning from the USA. Just adds to the feeling I had, that there are some very wise heads collaborating in Wick.

[doughty] 20/9/2018 07:09

If you are a "distressed"* seller and the MMs know that they are going to drop the share price to screw more out of you when you place your order...and I know that MMs should not store shares but I am sure that they are...all ready to sell at much higher levels...and
we are now seeing how many people were purely in this for a quick turn on Wick...and it will happen again except next time the sells will be more easily absorbed by buys...thats the theory

* T trade or margin call....as the 429k trade probably was yesterday

[tialouise] 19/9/2018 16:41

If you look there are 3 x 250k trades one hour delayed look definitely like sells at that time xx

[tburns] 19/9/2018 16:38

Cant work out the drop today based upon the flurry of buys and one large sell but covered 3 fold by buys unless there is going to be a large delayed sell declared

[tialouise] 19/9/2018 16:02

Please no , xx

[michaelwhight] 19/9/2018 15:56

How many years until I can retire guys? A couple of years for Tunisia? I'm thinking of being the new sweepie for UPL.

[nlmbidc] 19/9/2018 15:43

No worries doughty.

Remember to factor in our minority partner and any further blocks to be added to the license.

For now I will settle fo the potential of very substantial gas volumes....

[doughty] 19/9/2018 15:39

...we were talking values...not volumes...£6 per share per tcf of gas...£5.04p net after Tunisia government take ( based on sound energy model and allowing for shares in issue and % ownership )

...you won't meet a more savvy informed bunch on twitter...top class research...was just a bit of fun on a down day !

[nlmbidc] 19/9/2018 15:06

Sounds like pie in the sky on twitter.

No-one will know gas volumes until after the 2d survey.

[2prsimo] 19/9/2018 15:04

About £1.25 then doughty - I'll take that!!

[doughty] 19/9/2018 15:01

...we were just discussing likely scenarios on twitter.

6tcf of gas in Tunisia...using sound energy's model would give a share price of £36

...thats a 900 bagger from 4p

...and would make us a £22 billion company

...the truth lies somewhere between 4p and 3600p...depending how long you can hang on !

[arab3] 19/9/2018 15:00

hultiger ?

[hulltiger] 19/9/2018 14:57

There is the reason for the drop.

[argyle underclap] 19/9/2018 14:47

Haha, trying to remember how the score goes on that one...hmmmm

Help me out Michael!