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STERLING ENERGY big buyers about... (SEY)     

proptrade - 14 Jun 2004 11:58

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

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

graph.php?movingAverageString=%2C50%2C20

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

proptrade - 09 Nov 2004 10:04 - 1493 of 7811

morning all, sorry for the late start....

17p, we were all right on that front. the underwritting by Evolution looks a moot point but i would say the idea is, if it is indeed oversubscribed already, is just a city ploy to add support and confidence until these commence trading.

the facts are that Evo have seen this is a winner and have symbolically put their name to the placing. good for them and great for the share price. tactics, gotta love them.



sandrew64 - 09 Nov 2004 10:19 - 1494 of 7811

Morning everyone,back home again. Trying to catch up on all the posts. Just a cup of tea....cupboards are bare.....ah hah....the freezer!

hilary - 09 Nov 2004 10:28 - 1495 of 7811

Call it feminine intuition if you like, but I would guess that EVO have done a deal with SCAP to help them control the price while they shift stock.

proptrade - 09 Nov 2004 11:02 - 1496 of 7811

evo has simply given the shares a floor until the 19th. they are probably patting themselves on the back underwritting the issue but if i had been there I would bloody well underwite it.

daves dazzlers - 09 Nov 2004 15:05 - 1497 of 7811

Oh its very tight for time now,trying to sell some but the prices are going south,,,come on give me some blue.

I am looking at 17,,,,,,,who knows,,,,will i be in?

proptrade - 09 Nov 2004 15:07 - 1498 of 7811

maybe....but i wouldn't hold your breath!

seawallwalker - 09 Nov 2004 15:08 - 1499 of 7811

Don't think you will see 17p.
18p buy is the best at the moment I think.

Oversubscription means the stock will sell at a premium.

Good luck to you.

daves dazzlers - 09 Nov 2004 15:12 - 1500 of 7811

Thanks boys for that!

proptrade - 09 Nov 2004 15:13 - 1501 of 7811

suck it up...pay 18!

seawallwalker - 09 Nov 2004 15:17 - 1502 of 7811

Darn right prop.

dd is a cartpetbagger!

Pay up an look good dave.

You will not regret this.

How many you looking to do (limit up and down)?

seawallwalker - 09 Nov 2004 15:18 - 1503 of 7811

dave was that 172k buy yours?

daves dazzlers - 09 Nov 2004 15:23 - 1504 of 7811

Leave it out sw , looking at about 55000 shares/or 10 k,,its all about the price.

seawallwalker - 09 Nov 2004 15:26 - 1505 of 7811

dave, to be honest if you only put a foot in the door, you could stand to do well by Q1 2006.

My guess, and it is as good as any, is 1 per share.

If that is a hit, then any amount above a thousand is good enough, if you can't free the money.

daves dazzlers - 09 Nov 2004 15:31 - 1506 of 7811

SW,there no problem selling,its just me being a tight arse,and wanting all i can get..

seawallwalker - 09 Nov 2004 15:52 - 1507 of 7811

It's a yo-yo then.

Been there, seen it done it.

Not easy................oh maybe it is Easy.................Yes it's down a bit today.

Nice dilemma "Shall I take the 40 odd pence per share or hold for 50 pence".

I think you can afford to give the 50p a try.

The 18th is the day things will move, i think so just over a week.

gavdfc - 09 Nov 2004 20:16 - 1508 of 7811

Lasagne for tea tonight, wasn't very good. :-(

Dave, you should change your name to Daves Dilema, to buy now or try and hold for 17p! Nothing wrong with being a tight arse and wanting all you can get, but will you get it! The battle rages on...

daves dazzlers - 09 Nov 2004 20:23 - 1509 of 7811

Gavdfc,good news sold eid late on,,same price as i bought it months ago,could of had 118 , but was away on holiday , that will teach me , onwards and upwards.

gavdfc - 09 Nov 2004 21:20 - 1510 of 7811

Dave, pity you didn't make a profit on Eid, but at least you didn't make a loss. Know what you mean when you talk about a price you could have had. Bought ASC at 10 and 14, sold at 40p. Should have held on a bit longer, but still made a good profit. Onwards and upwards as you say, nice attitude.

daves dazzlers - 09 Nov 2004 22:01 - 1511 of 7811

Thats it gavdfc,roll on sey i am looking at 17 in the real world , 15 in my dreams,,also looking at bprg again,would like a bit of 80 pence as a top up,but i have to move out of cash first it owes me about 10%,but i will take the hit just to be free of it.

See you in the morning bright & early dave..

daves dazzlers - 10 Nov 2004 07:33 - 1512 of 7811

Morning all bright & early..
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