White Nile Share Discussion Threads

[andrbea] 19/11/2008 08:52

a 12000 quid buy goes thru'

[mickeyvino] 18/11/2008 17:27

lots of buys so why the price drop ??!!??

[mickeyvino] 17/11/2008 23:47

the 1.4 and 1.45 are buys...

[andrbea] 17/11/2008 15:37

are the 1.4 and 1.45's buys perhaps?
sometimes the trades just below the spread are buys are not sells on AIM penny stocks

last trade 324k

[andrbea] 17/11/2008 12:54

spread is narrowing
but still too wide

at open 0.70-1.75
now 1.15-1.75

unless the offer price moves, there'll be no buying interest IMO

[topvest] 17/11/2008 08:41

Interesting - thanks.

[andrbea] 14/11/2008 18:20

late buying

last buy price 1.35p

[mr thrifty] 14/11/2008 11:31

I'm looking to buy into this company. The assets and money in the bank seem to be worth something at least well above 1p? Or is this too simplistic and maybe there are other forces in the background dragging the share price down? Decisions, decisions, decisions.

[mr thrifty] 14/11/2008 11:27

Buy on-line 1.03. Can understand the share price movement? Bid this morning 1.40 now 0.75?.

[andrbea] 14/11/2008 10:48

maybe relevant to all these sells:

General comment on the WWW:

"The other factor that is likely to influence the trend in the near-term is hedge fund redemption. November 15 is the cut-off date for reporting of redemption requests to hedge funds for this quarter."

[andrbea] 14/11/2008 10:43

it's up 37% one minute and then down 17% the next (been volatile like this for a few days)

maybe it's better suspended until it can be traded in an orderly manner.

[mickeyvino] 14/11/2008 10:42

550,000 buy gone through,

[anrows] 14/11/2008 10:34

they could be a buy order being filled here
will shall see soon

[mickeyvino] 14/11/2008 10:19

Price is up 23% but all trades showing as sells?????

[andrbea] 14/11/2008 09:13

37%

they're getting the sellers they want, but one wonders why (to fill a big buy or what)?

[risk investor] 14/11/2008 07:22

wnl..

SUDAN ON HOLD...


NIGERIA?

KENYA?

ETHIOPIA?

if oil was AT $147..

what would WNL share price be.??

[risk investor] 14/11/2008 07:19

forget about sudan for a while..WNL have other interests...

this from the vog RNS..

Falcon Petroleum

Falcon has three very prospective blocks in Ethiopia's Abay (Blue Nile) Basin, Ab-1, Ab-4, and Ab-7, and initial findings are very promising. The blocks contain seeps, with oil sample analyses indicating maturity and migration from depth and gravity data indicating sediment thickness in the basin of circa five kilometres. These are very promising attributes in terms of prospectivity and a number of major companies are bidding for the surrounding blocks. Falcon's Mali Block 17 is situated in the Nara Trough and offset data from a passive seismic survey of a neighbouring block indicates that the basin is prospective. Mali has had very little oil and gas exploration activity in the past, but has attracted the interest of a number of major and independent oil companies in the last two years. Planning is underway for passive seismic surveys for Mali and Ethiopia

[doorway] 13/11/2008 19:00

do you really think a country like sudan will give a toss about giving them their money back...lol...2 hopes and ones bob

[induna123] 13/11/2008 18:20

Read this before.

[oldenglish] 13/11/2008 16:03

White Nile lifted by Sudan stake plan

By By*Alida*Smith and*Neil Hume

Published: November 8 2008 02:00 | Last updated: November 8 2008 02:00

White Nile , the oil exploration company chaired by former England Test cricketer Phil Edmonds, was in demand. Its shares, which hit 180p in April 2006, jumped 36 per cent to 135p as dealers spotted a potential trading opportunity.

White Nile is seeking approval to convert the 44 per cent stake owned by the south Sudanese government into non-voting deferred shares. If the deal gets the go-ahead, White Nile would in effect be a shell company with cash exceeding its market value. Traders believe Mr Edmonds could then reverse another of his Africa ventures into the company.