small oilie but with a nav of 35p compared to share price of 10p..bid rumours of 50p a share.

My name might as well be Rodney!!!!!

Hey mr clever clogs cynic, your only griping cause you missed a 30% profit this morning and would be who about it all day, as it is you missed it and so those who took a chance are lemmings!!! I can't be a lemming as they only have one jump............aswti cheek...

so smarty-pants, at what price did you buy and sell? ..... no porkies please! - lol!

currently 23.0/24.0

i'm not going into that at the moment................lol just making a comment..

I did not time my entry into this right but the rns is so short : there has to be a follow up of resumption of operations, I'm surprised that it's back to opening price !.

roughandtumbleone - 13 Oct'09 - 20:36 - 1525 of 1526 Guys and Girlies, Just a little bit of perspective here. Prior to the announcement yesterday afternoon regarding the licence approvals, the company came out yesterday morning stating they wanted the simplist and most straight forward way of returning cash to shareholders. They also have started selling assets they do not require and they have 38M pounds of cash at the bank. Then in the afternoon, the uncertainity relating to the three main licence objections has been resolved and CAD have had confirmation that the licences are valid. Just basic NAV values exceed the current sp. The cash per share equates to approximately the current closing spp this evening and that is assuming that there can be no value pinned to any of CAD's other assets, licences of ventures. Today's share price swing was unbelievable but from an investors point of you, this stock is a no brainer. The likely scenerio is for a sizeable amount of cash as a "special cash payment", the company still trades and concentrates on its core operations and "farms out" other none core assets and projects. Just take a look at the charts and see where CAD has fallen from and though today's retrace back from 34p to just under 20p was unbelievable, the upside here is huge. I do see a much higher share price than 34p, let alone 19.5! IMO DYOR and all that jazz! Good luck. R&T PS here's an extract from the restarted doing some research before buying a share. if you did todays events wouldnt faze you. This is a no brainer. And funds are still buying

http://www.investegate.co.uk/Article.aspx?id=200910131646447136A

after close rns - GL

Sold out at a loss...what was to be a quick buck turned out to be a quick disaster...%^&*($----..... ....should have gone to spec savers....euhh...sorry,.. listened to Cynic ...

sorry to hear that RF, but i am afraid this is the prob with all these amoeba companies and especially oilies ...... don't feel like the lone ranger as i suspect there are many who jumped into CSH, CHAR, ENEG et al, who have been similarly battered

Don't keep on cynic!!!! lol i'm in the same boat but can afford to wait as only very small investments.

My plan was to jump in at the start yesterday as I knew it was going to shoot up ...keep them for an hour or so and out, but I made the mistake of catching a falling knife : always hurts...my own fault...doing well on plenty of others at the moment...will learn from this ...

I haven't got your e-mail Cynic, was it important??

BB ..... thank goodness you only have a small stake at risk ...... it would even go against my nature to wish that certain unmentionable backers of these stocks have been well and truly mullahed

=======

e-mail not important at all - merely comment and observation ..... it's strange, but had this prob reaching you before, though have sent via this strange MAM system ..... do you get other stuff from MAM that way? ..... perhaps try sending me one

you may not have timed your entry well RF but it was probably a mistake to sell-out. Whilst I agree with cynic about PI's getting burnt and the MM's are expert at this (how many bought GKP at 109p yesterday) if you hold-on long enough with such an illiquid stock such as this then at some point down the road it will probably have another massive day rise.

I nearly pulled it off.... anyway....on to pastures new...Perhaps but I still don't understand the finance-assets situation here...what are they doing now ?..pulling out..drilling ?, producing ?,..... an update on this bizarre situation here would help, plus litigation never helps an sp...

... like today?

i bought just before this went up dramatically - sold half at near the peak thinking i was being clever - wish i sold the lot now at near peak price!! as cynic says above mms have a giraffe at pi expense i will leave the half i have left for another pay day when hopefully it will shoot up again - GL all

good news out... RNS Number : 8662A Cadogan Petroleum PLC 15 October 2009  15 October 2009 Cadogan Petroleum PLC ("Cadogan" or the "Company") GPS Settlement Agreement Cadogan announces that it has resolved the disputes that existed between the Company and Global Process Systems LLC ("GPS") concerning contracts for the fabrication and delivery of two gas treatment plants for a total purchase price of US$54.5 million. The key commercial terms of the settlement provide for GPS exclusively to market the plants for a 10 month period and, if a sale is achieved, for Cadogan to receive in stage payments an aggregate cash consideration of US$38.5 million. If the plants are not sold within this period, then GPS has agreed to take the plants to stock and Cadogan will receive in stage payments an aggregate cash consideration of US$37.5 million. The settlement also provides for the release by GPS of a US$11 million contractual claim against Cadogan for what would otherwise have been the balance of the consideration for the plants. Cadogan continues to pursue claims against all the other parties to the litigation, commenced by Cadogan in London, which has been the subject of previous announcements by the Company. Enquiries: Cadogan Petroleum +44 20 7245 0801 Ian Baron Stefan Bort Pelham PR James Henderson +44 20 7337 1501 E

Yes but there are too many shares around. You can almost buy anything you want

Main market stock....isable....this is a puzzler, is this one...if they could sort out this litigation and get on with drilling again...investors might come back...me included...but at the moment we need these matters to be cleared up.