Bought into IVE this morning, purely on speculation only... small time though. Don't know much about them though ! in for a penny in for a pound and all that.
Got out of TPG (dead loss and falling away fast)

http://www.number10.gov.uk/Page17544

http://www.capmarkets.com/ViewFile.asp?ID1=108186&ID2=275301489&ssid=1&directory=12925&bm=0&filename=Irvine_Nov2008.pdf

http://www.telegraph.co.uk/finance/markets/questor/3532202/Investing-in-crude-oil-could-be-a-slick-move.

More paper issued.......fundraising = dilution

Should put a floor under 0.25 pence per share, or will it?



(posted a couple of days late as it seems to have been missed by the regulars here)



POG still dropping steadily since my last posting of the graph, of course it will go back up one day.

Is this another firm going bust? have already had three big losers this year BRR,THR & AIMR.
I still believe in the company but that doesn't mean squat if the markets disagree.
Still holding.
Alex

robert - funding is the big issue. IVE has raised enough to get through about another nine months and is seeking either to sell some assets or a merger. Hopefully they can raise enough to unlock the situation regarding their dispute with Metro over cost over runs which, in turn, has resulted in the Gas Rock revolving credit facility being frozen. The IVE directors have taken most if not all of the recent emergency placing, so they seem to have faith in a positive outcome.

all imo and dyor

anyone in a position to tell me if 0.28p are buys vice sells. shows as sells because below mid price but i know from experience these often sell below mid price. can down average for the long term for only a small cost.
Alex

Why not try a dummy buy? Mind you, I'm not taking the risk of putting any more cash in till the above is resolved.

cant deal in these on-line, have to phone up. too much of a cheapskate to do that unless definitely investing. there is no rush if it goes down further may consider topping up a bit more seriously. if not will just sit and hold.
Was only looking to purchase 61k shares to make 100k shares and average down. as i paid 880 for the first 29k you can see why i thought about averaging down at these prices.

OK - just been quoted 0.27 to buy 61k for 3 day settlement.

thanks OW

Hi oilwatch - this is another one I exited before my shirt got taken.

Lots of prooblems for these small E&P's, the funding issues have not helped and taken with the halving or more of the price of gas, and the diminishing POO no one wants to touch them with a barge pole for finance.

That said I still have a couple, so far untouched by the downtrend of the sector, but that's all and otherwise out of the market.

I'll look around again if and when the POO hits $25 as some seem to expect it doing.

Good luck to you.

robert, the 0.28 are buys picked up another 200k at 0.275 to bring my average down to 0.53

i see poo the gloater is back what a prat.

For those who do not visit the other channel.

Hardman research note

Gas moving up because of the Russian antics with Ukraine and knock on to Eastern European countries.

Something is bubbling IVE today.

http://www.marathon.com/News/Press_Releases/Press_Release/?id=1241249

john 50
thanks for that good read.
may be gas rock might give ive back much needed financial support.
ive has been using the same 3d tech and location.
it would be nice to see ive back at 2p.

be nice to see it back at 4.5p where I got in some 2/3 yrs ago!