Zoltav Resources Share Discussion Threads

[bernieboy] 24/4/2017 13:01

Yeah. Also good results are normally out early and bad ones delayed!

[bsg] 24/4/2017 12:44

I hope so, although the recent price action doesn't seem right.

[paperclip3] 24/4/2017 12:05

Frankly BernieBoy, I'm surprised they haven't been issued already. I think we have every reason to believe that they will be very positive

[bernieboy] 24/4/2017 09:17

So what day for results? I reckon tomorrow....

[paperclip3] 19/4/2017 15:18

It may be the only E&P company with such a small market cap, that actually makes money!

[waldof] 19/4/2017 15:04

I think i am correct in saying most of their revenue is from gas - and thats a good thing in my opinion.

[brad44] 19/4/2017 14:18

why bother wasting all that time getting a main listing? which i thought was there intention?

[bernieboy] 19/4/2017 13:43

Thanks for the comments. Makes sense I guess. Guess we'd all be happy with 65p about now or?

[monkeywench1] 19/4/2017 13:20

Something is going on....whether it is fishy or not only time will tell.

[bsg] 19/4/2017 13:17

Gut feel is something fishy going on.

[paperclip3] 19/4/2017 12:58

so, for instance, 65p could be described as a large premium to the last trade, but would still be a huge discount to fair value (which, I guess, Shore Cap would now probably put at something in excess of £1.50 per share).

[paperclip3] 19/4/2017 12:54

Perhaps they want to take it private at a large premium to the last trade, but at a large discount to estimated fair value?

[bernieboy] 19/4/2017 12:52

Excuse my ignorance but why would the owners want the share price depressed st these levels?

[paperclip3] 19/4/2017 11:22

Well,T34, last autumn, Shore Cap put a value of £178 million on the company, and that was using rather pessimistic assumptions about energy prices and foreign exchange rates

[t 34] 19/4/2017 11:06

Company with 1 bln. barrels of oil is worth only £35 mln. What a market irrationality .

[baz9707] 18/4/2017 20:38

Until when.
I have been thinking of buying for the results since last month and instead of a sting so it's falling.
Bit then again could bounce up 50% quick.

[paperclip3] 18/4/2017 20:10

And my best guess is that they want the share price exactly here

[paperclip3] 18/4/2017 16:40

Clearly, the Russian owners control the share price

[paperclip3] 18/4/2017 10:42

As I recall, last autumn, Shore Capital put a price target on ZOL of £1.25 per share based on an assumption of 1. a higher rouble/dollar rate (i.e. a weaker rouble than we now have). 2. lower energy prices, and 3. a higer sterling/dollar rate than currently obtains. If the annual results are good, what will be the new price target (fair value) from Shore?

[paperclip3] 16/4/2017 09:46

Annual Results this week: should be good.

[bsg] 12/4/2017 15:04

Bit more than 2 mins apart?

[paperclip3] 12/4/2017 14:26

Looks like a rollover to me

[bernieboy] 12/4/2017 13:38

Bsg yeah but at the same time it cost 29.5 for 10k. So definitely a sell. There's another 55k sell shown up at 25.5 now. Unless it was another rollover or something but they were at different times and price action definitely suggests sells....

[bsg] 12/4/2017 12:54

It was at mid price?

[bernieboy] 12/4/2017 12:40

There's the reason for the drop in guess. Delayed 55k sell at 26p.