Enegi Oil is newly listed on AIM.

Enegi Oil Plc is an independent oil and gas group whose strategy is to identify,
develop and operate hydrocarbon opportunities initially focussed on the proven
petroleum region of western Newfoundland, Canada. The Company is pleased to
announce its admission to trading on AIM and the Bourse de Luxembourg today.

Enegi will be admitted to trading at a placing price of 181p and is raising
approximately 15.0 million. On Admission the Company will be capitalised, at the placing price, at approximately 55 million.

sorry to tell you lads, but closing price was actually 14.0/16.0, last trade @ 15.0 ...... imo, this is a very dangerous stock to play with

Cynic: You may not like them but they seem to have gained a good following.
Shares in issue 65.79 million
Major shareholders
Alan Minty 7,483,911
Rapid Realisations Fund Limited 10,858,069
Henderson Global Investors Limited 1.793,000
BlackRock Investment Management (UK) Limited 1,800,000
Barath Rajgopaul 1,764,851
PDI Production Ltd 1,702,863
BEL Valves Ltd 1,610,445
Michael Hibbert 1,608,038
Pacific International Management Inc. 1,519,890
BCM Partners LLP 1,000,000
HJ Heinz Trust Limited 2,479,500
Majedie Asset Management Limited 3,552,486

and that is exactly why they are so difficult to trade, and hence one of the major problems and dangers ..... unlike certain posters, i do not, or at least try not to abuse other "friends" here nor deride their investment decisions .... in this instance i was actually asked to comment, so i did, and stand by my comments

Cynic,
Thanks again for youe comments.

would seem to be faultering today, maybe it's had it's run for now.....

35,500 traded; sp 14/16 ...... no further comment required i think

Top 10 Trades

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Monday, 5 October 2009
purchases

1 ROYAL BK SCOT GRP 8.49%

2 LLOYDS BANKING GROUP PLC 7.80%

3 Gulf Keystone Petroleum 4.01%

4 BARCLAYS 3.61%

5 BPC Ld 2.27%

6 XSTRATA 1.79%

7 TAYLOR WIMPEY PLC 1.51%

8 Yell Group 1.39%

9 BP 1.39%

10 Enegi Oil PLC 1.11%

On the move again.

yes but try buying some!


i can only buy 600 quid worth......and that was at huge margins offered.
even 800 quid and not allowed to buy unless negotiated so aint doing that.

theres hardly any shares and its obvious mm's been playing games in rying to obtain shares as they must be well short
anyway good luck to all on this as i'm sure many want to buy these but cant

said it before .... this is a damn dangerous stock to play, as the bulk of the shares are very tightly held and the spread is usually 10%+ ..... with a tiny EMS (as you pointed out), it's not so much the buying that would be a prob (you can leave orders to be part filled etc), but if you want or need to unload in a weak market .... in that event, you will be flayed alive

CYNIC i would have done just as well putting it into AFR,
next tip you give me i will listen.

bloody fool!
still not too late for AFR, but would be inclined to wait to see if sp stumbles at 90 .... if so, buy cheaper; if not buy on upward break ..... i think this may prove to be a cracker over the next year or so

NOTED.

Your getting very personal cynic..... you call cape a bloody fool and me to F.... off the other day.........

Balerboy,i do not take offence at CYNIC,thats his style,and i admire his upfront attitude,if you want to take exception on your behalf thats up to you,but leave me out of it.
Good rise @ eneg today,but i would have made much more at afr,and its much easier to trade.

CT ... thanks for the defense, but i think you'll find BB was just joshing

Clearly its me that needs to chill then.

You know me toooo well cynic...lol it's ok cp.

that's the prob when you can't read the body language in the written word

Balerboy, cheers.
Look at engen GO GO GO!!!!