Share Name Share Symbol Market Type Share ISIN Share Description
Zoltav Res LSE:ZOL London Ordinary Share KYG9895N1198 ORD SHS USD0.20 (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.50p -3.17% 15.25p 15.00p 15.50p 15.75p 15.25p 15.75p 86,631 14:00:28
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 26.4 2.6 0.0 1,767.7 21.65

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Zoltav Res (ZOL) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
14:41:5115.005,000750.00O
14:13:2315.4525,0003,862.50O
13:57:0915.002,500375.00O
13:57:0415.002,500375.00O
13:56:1015.0012,5001,875.00O
View all Zoltav Res trades in real-time

Zoltav Res (ZOL) Top Chat Posts

DateSubject
13/12/2017
08:20
Zoltav Res Daily Update: Zoltav Res is listed in the General Financial sector of the London Stock Exchange with ticker ZOL. The last closing price for Zoltav Res was 15.75p.
Zoltav Res has a 4 week average price of 8.25p and a 12 week average price of 5.50p.
The 1 year high share price is 40p while the 1 year low share price is currently 5.50p.
There are currently 141,955,386 shares in issue and the average daily traded volume is 353,835 shares. The market capitalisation of Zoltav Res is £21,648,196.37.
25/11/2017
11:12
paperclip3: From what I can see, yesterday was the biggest volume day EVER. One could not be blamed for thinking that something is going on in the background. And given that the increasing volume has been in tandem with an increasing share price, one might also conclude that whatever is going on in the background is something very positive for the share price. Any thoughts anyone?
24/11/2017
08:40
bernieboy: Hi Lada indeed. But we have known that since above 100. Strange how the market values a share price at 180 one year and the same company in a better operational position at 5.75p a few years later.......
21/11/2017
13:28
tomboyb: in close proximity to TNK-BP's giant Samotlor field - 6th largest oil filed in the world and largest in Russia - A jv would transform the share price - 2 big shareholders here holding almost 80% total equity -
19/11/2017
12:09
paperclip3: From observing what has happened since the new market maker came on board, I conclude the following. The powers that be decided that it was time to stop the rot of the falling share price and at the same time improve liquidity. That seems to have happened (including a tighter bid-offer spread). I can only assume it is preparation for the next move. My opinion, of course.
16/11/2017
22:17
tomboyb: 7% Free float - hxxp://www.zoltav.com/shareholder-information/ May be an opp to buy a few on share price recovery -
02/11/2017
14:51
bernieboy: Hi all, Reply from the PR company re current share price...... 'Thank you for your email regarding Zoltav. You are not alone in your dissatisfaction with the market’s current determination of the share price. While Zoltav is one of many small-cap listed oil and gas companies suffering greatly deflated valuations versus pre-oil-price-collapse valuations, Zoltav arguably faces stronger headwinds given the reduced investor appetite for small-cap Russia-focused E&P companies and the heavily depreciated Ruble. It is worth remembering that Zoltav’s major shareholders have invested very substantial sums of money at valuation levels of several years ago. The company is focused on bringing back value. With regards to trading news, you will be aware that the company announced disappointing news last month which will result in a reduction in gas production next year of up to 35% and it is likely this has further impacted the share price. All relevant information about Zoltav’s current operations is already in the public domain. Longer term, Zoltav believes there is potential to yield substantial additional reserves and production in the deeper Devonian structure at Bortovoy and management is focused on understanding the potential of this. While I understand this may not allay your concerns in the short term, it is possible that this strategy could result in adding significant value in the longer term. The impact of the declining production in the current year and further anticipated decline next year, while the operational review is underway, is undoubtedly disappointing. However, I hope you can take some comfort in the longer-term value improvement prospects which management are aiming to unlock.' Hope you find it useful. Cheers Bernie
01/9/2017
08:41
bernieboy: Whilst the reply doesn't give too much away I found it quite comforting anyway. Here is my email and the replies: Hi, I am a long term investor in Zoltav Resources and would like some feedback from the company regarding the current share price and if anything is going to be done about it. Having invested at different times all the way down from 180 I am obviously dismayed at seeing the current mid price of 13.5p. How does the company view the current price? I assume that you believe that it is well under the level that it should be at for a great producing company with such great licenses and assets? Do you have some plans to see the share price increased? Why is there so little information imparted to the stock market, we get so few RNSs? Surely a trading update would help? Previously you mentioned the goal to become a leading mid tier Oil and Gas company and to list on the main market of LSE. Are there any plans for this in the near term. Is there anything amiss which would explain the current depressed share price that we should be worried about? Is there a funding requirement or a placing coming? Is the Nomad or broker intending to put out a new 'Research Note' with price target? Any views that could put my mind at rest would be greatly appreciated, whilst I understand of course that you are not at liberty to divulge any market sensitive information of course. Many thanks for your time...... And the reply: Dear...... Thank you for your email regarding Zoltav. Let me firstly say that I can certainly understand your frustration with the market's current determination of the value of the company's shares and indeed those of many other companies in the junior E&P sector at present. Neither the general sentiment towards oil and gas stocks, nor current western investor sentiment towards Russia-focused companies are helpful at present. While Zoltav itself cannot alter the stock market's determination of its share price, I can assure you the company is not satisfied with the market’s determination of its current value and is focusing on delivering operational excellence and on maximising the potential of its assets. We hope in due course - and as sectoral/economic factors improve - that this will indeed be reflected in the company's share price. I have noted your request for more regular operational/performance updates. I should like to point out that when Zoltav reports the results of its operations twice annually, it does so in extensive detail and I would urge you to read such annual and half-yearly reports (available on Zoltav’s website). The next of these will be published prior to the end of this month and I would encourage you to look out for that. I am unable to comment on certain of your specific questions, which would constitute price sensitive information; and investors are responsible for their own analysis of their investments. I do hope, however, that this helps to allay any concerns that the company is not focused on improving its valuation – it certainly is. Like most E&P companies – particularly Russia-focused ones – Zotlav faces headwinds with investor sentiment. However, the company is focused on maximising the potential of its assets to deliver value. Yours sincerely ............ For Zoltav Resources Hope you find it useful. If I had available funds I would probably be topping up again at this ridiculous price! Have a good weekend all, Bernie
17/8/2017
16:41
paperclip3: This company is profitable and has great assets, so the fall in its share price has nothing to do with it potentially going bust. So why should the share price be where it is?
12/4/2017
08:42
bernieboy: Anyone remember our Easter share price competition! I think bsg has called it pretty well unfortunately! : Zol Easter Shareprice Prediction Competition: Swizz 75p Brad 65 Soggy 60.53 Paperclip 50 Bumby 48 Bernieboy 47 Cmillar 33 Current Zol price 26p Bsg 25 Happy Easter!
21/7/2013
10:09
xenawarriorprincess: Quite a few interesting comments on here, and other BB's over the last few days. A bit of wailing over the drop in share price from 172p a week ago to 129p now, and it's only the MM's creating a market etc - its like saying LIBOR wasn't rigged, and banks don't trade drug money. Where there is money there is corruption, and I'm quite sure even ADVFN's boards aren't totally immune from its influence... Anyway, Fridays drop from 138.5p to 129.5p is easily explained - Chronic Investor did a bit of a hatchet job on Zoltav. The general gist, in IC's first coverage of the share, is that following investments of around £35M (they've got their figures mangled somewhere) the shares are worth £96M, and it's to be hoped 19 year old intern Arkaidy knows what he is doing, otherwise the company is sunk. Their conclusion is, its interesting but watch from the sidelines for now, as drilling is 2 years away. So, that takes care of Fridays drop. But the most remarkable feature of the last weeks share trading is how stable it has been. From around mid-day on 15th July to 3.30pm on 20th July the mid price was and remained within 1% of 140p. Pretty amazing when just a couple of days before the price had been spiking to around 170p. One thing Zoltavs share price isn't, is stable - and it never has been. It is interesting to speculate over the cause of this sudden incidence of stability and why this might be so. Indeed there is only one other period over the last couple of years (barring suspension) when it has been so stable, and that was 17th December 2012 to 24th December 2012, when it remained within a couple of % of 70p (3.5p in old money). In my post 3526 of 3rd April 2013 I speculated over this unusual price stability - "Looking at the candlesticks, a few dates over the last several months appear to stand out - although this is by no means an exhaustive list. During November/December 2012 Zoltav drifted lower, generally within a fairly narrow daily range, (6th November being an exception low 3.5p/hi 4.15p) reaching a low of 3p on 14th December. Next trading day 17th December Zoltav had a very wide range, low 2.95p, hi 3.625p, close 3.42p. For that last week before Christmas, the trading range was the narrowest of the whole period, generally between 3.42p and 3.44p all week. Immediately after Christmas, starting December 27th, Zoltav began its almost daily rise, until it reached a high of 6.275p on 6th February 2013, with a wide range of 6.275/5.85p, closing at 5.95p. The previous day it had reached a recent closing high of 6.05p." - and - "17th December 2012 The jump on 17th December was followed by a week of very narrow trading (narrowest week for a long while) is also interesting. The weeks trading range was 3.42p to 3.44p. The price for ARA's capital injection and for the reverse take over is 3.5p. Coincidence or what? I would suggest that the provisional agreement to acquire Koltogor, and the agreement with ARA was signed on or about 17th December, and the parties then made sure the share price stayed within a fairly narrow range for the next week or so whilst financial details were sorted out, and they could agree a price of 3.5p per share" And hidden away on page 100 of Zoltavs re admission document dated 10th June 2013 we have - "On 17 December 2012, CenGeo entered into a Share Sale Purchase and Assignment Agreement with Gregory Trading S.A. The purpose of the agreement was for CenGeo to purchase 100 per cent. of the share capital of ZAO Siberian Geologicheskaya Kompanya (SibGeCo), a company established under Russian Federation Law. The acquisition of SibGeCo was completed on 22 February 2013." Coincidence that the dates of Zoltav's secret deals can be deduced from a candlestick chart - I really don't think so. And I'm sure Zoltav agreed to buy CenGeo the same day, the price reference for the shares being Zoltav's share price over the next week (but as the parties had already decided it was 3.5p, Zoltav's shares had to be boosted by 20% on 17th December and then had to be held at that level all week). Anyway this brings us back to last weeks trading - again the shares held at 140p or thereabouts for 4 days. Even a hatchet job by IC didn't affect the share price until 3.30pm, when there was a sudden dip for the last hour of trading. 140p - twice the earlier 70p reference price - coincidence? You know I have difficulty in believing such things. So what I would conclude is that Zoltav, on or just before 15th July 2013, signed an agreeement to make their second acquisition, and the reference price for the shares to be issued to fund that will be 140p. Maybe the spike to 172p on 13th July (edit - high was actually 184p on 9th July) was because a few people got wind of the imminent deal, but then the share price had to be battered down to the agreed price of 140p, and then held there for four days come what may. As the reference period has now come to an end it can be allowed to trade in a more normal, and more erratic manner. The second acquisition, most likely, as previously trailed by Zoltav, will be a producing asset, and the income from that will be used to fund, at least in part the development of Koltogor from Q4 2014 onwards. I've previously suggested that this will be announced sometime in September, as everyone is about to go on their jollies. As "the deal" is "done", then if the share price repeats the performance on the first two months of the year, we could see a 50% to 100% rise in the shares before the end of September. All of this assumes that I'm right in my interpretation of events of course, and everyone should be aware I've got a mouse in one hand and an oven glove in the other, and live far from the lights of the big City. All IMHO, DYOR etc Xena
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