how about some info about emerald?trades today 4mln buys 1mln sell.is it just me or is their demand for this share?why does the price not move?I,m new to this caper!cheers.

in all seriousness, do you think those kind of production numbers justifies the outlandish capitalisation of the company?

Of course....proptrade. Look at its price now.

well on it's way to 200p looking good so far :-)

windys160: Could be! Max online buy is currently 750 shares.

i still stand by my negative stance. give it a week or two and the volume will dry up to zero and the stock will be close to 100p than 200p...

the volume seems to be increasing at the moment, so there must be some people out there who see the potential of this company, blue sky all the way i say :-))

a good few sells going through at the moment!!!
Fingers xed for more blue...

Hope these buys pick up today!

Emerald Energy H1 production up 19 percent


LONDON (AFX) - Emerald Energy PLC reported a 19 pct increase in production in the six months to end-June to 159,000 bbl of oil, up from 134,000 bbl in the same period last year.

It said the increase was helped by bringing the Campo Rico well into production quickly. This brought current production from the company's two wells to about 1700 bopd.

Emerald's EBITDA for the first half was 902,000 usd on revenue of 4.5 mln usd compared to 251,000 usd on revenue of 3.0 mln usd.

The group said it has a strong balance sheet with net cash of 6.4 mln usd at the end of June and it is actively evaluating new exploration acreage in Colombia and projects outside Colombia.

Chairman and chief executive Alastair Beardsall said the successful start of production from the Campo Rico field supported by strength in the international oil prices demonstrates the potential of the company's existing assets. He said the acceleration of the group's drilling programmes should earn Emerald recognition as an active and successful player in the Colombian E&P sector.

Beardsall added that increased production should contribute positively to the company's future financial results, particularly at the prevailing oil prices.

newsdesk@afxnews.com slm/

Any ideas why a 10% drop in SP - looks like many small investors taking profits but am I missing something else ?

i think it is a valuation issue...this is trading way way above its peers...

who are its peers ?? and doesnt a growth stock have a big valuation ?

looks like last week was just a pause from breath

Investor's Chronicle advised it is a buy

Is EEN going to continue to rise like this do you think?

Did this share realy go from 10p to over 1 in a matter of days or did something else happen? I heard something about "consolidation"?

There was a 100 for 1 consolidation I think.

I was going to say!! that was a mad boat to miss if it wasn't!!

nothing like a missed RNS to get the blood racing. it was a 100 for 1.

nasty fall on lack of news good time to buy expect bounce in few days
200p still achiveable