anyone got any ideas about the block trades that went through today?

website: http://www.sterlingenergyplc.com/



weather: www.nhc.noaa.gov/refresh/graphics_at4+shtml/084938.shtml?50wind120

Nice piece gav. EJ has tried to make amends for the bad editing last week.

Good for him.

Up of course dave!

Now here is a thought. We have ben a bit myopic about this so far but with there being finds at Pelican,Tiof.Tevet,Banda, I wonder if Sterling Energy can take 12% of those as well as that obtained via the Mauritannian Government so far?

Morning all,and here we are another week .

Morning all,

Looking forward to another week as always! As to the price this week, up would be nice but who knows in the coming weeks. May be a week or two until we see some movement once the new shares are placed.

morning all....nowt so far but i have a good feeling about this week.

Hope so, lots of potential here, just sitting waiting for some good news...

Having some nice crusty just baked french bread rolls for brunch.

Yummy!

Do you bake your own from scratch or do you use a bread-making machine?

I buy these from the bakers.

Can't talk, mmmph..........mmmph...........eating.........

Now for a nice cup,of tea.

white no sugar plse

My guess is they will drift to the offer price for the X million they are raising. Which I am guessing will be 17p. Shares that I have been involved in where they have raised cash through increasing the number of shares have had a nasty habit of weakening the share price for some time.I still would not be surprised to see this drift lower than 17p before heading north.

Afternoon nice bit of 17 on the cards here,,looks like 15 is know where to be seen.

Rumour on other BB is that one broker has stated that the offer price is 17p and that they got 53% of the shares they wanted - hence oversubscribed by 2:1

DYOR etc etc

Cheer`s steve,just a case of watch/wait.

DD

Id rather be in the day before the placing than the day after but that is just my view. If it is oversubscribed you may see a very quick mark up back above 20p

I have just seen that too.

Oversubscribed and the takers know the details.

Can't be a bad deal after all then?

I'll tell the wife she can have a couple of evenings off, from selling her 'wares' on the seafront in view of that!

Glad really, got fed up with counting pennies.

I see PMO is bouncing back today, not so HNR and ROC!

Appears lots more sellers than buyers of PMO at these levels SWW. The trades of SEY at 17.33 are buys, not sells as were many last Fri. Time to get further in chaps, they will not be at this level for long.

2 lots of 200000 just gone through as buys at 18p.

That must be you davesdazzlers.

Never could resist a bargain in the end, hey?

Wishfull sw.

Open to all, but what sort of time scale are we looking at before these new shares come to the open market,,i know we cant buy them,,but the holders can sell quick.