New Projects and good prospects. will be the winner in 2004. IMO
25p in early 2004

dexter01: Those options cannot be exercised for 18 months from 21 April 2004. This will have little or no bearing on the current share price.

"As a result of the granting of these options the grantees total interest in
options under this and the previously approved scheme are as follows:

Mr. John Craven, 30 million options,
Mr. Brian Cusack, 22 million options,
Mr. Con Casey 10 million options and
Mr. Christian Schaffalitzky 10 million options."

Major shareholders - taken from Petroceltics website:

Gartmore 41,345,349
Fidelity 30,394,294
Carmignac Gestion 19,600,000
BARNARD NOMINEES LTD 14,000,000
MR JOHN CRAVEN 12,000,000
MS MARIA ROCHE 11,005,470
BARNARD NOMINEES LTD 10,000,000
MS MARIA PEARL ROCHE 10,000,000
VIDACOS NOMINEES LTD 9,940,275
DAVYCREST NOMINEES LTD 8,650,000
APOLLO NOMINEES LTD 8,604,651
MR GRAHAM WRAFTER 8,533,333
LIROFF SECURITIES LTD 6,880,263

The fact that Gartmore took profit on a few shares had the effect of bring this stock back to around 15p after it had risen above 17p on Friday. With so much speculative pressure behind it, I would imagine it will endeavour to test that new high again. One must not lose sight of the fact that Garmore now has around 3.5 million more shares than they held at the beginning of June. Carmignac have increased their holding by around 15 million and Fidelity by just under 6 million. This is all very positive for this stock and lets face it, the institutions bought in for good reason!

Gartmore now holds 38,945,349 million shares compared to their 18,195,349 on 30 January, 27,077,674 on 30 April, 35,477,674 on 20 May and the 41,345,349 they held on 14 June. On top of this, Carmignac Gestion announced that their holding on 6 July was now 19.6 million (compared to less than 5 million before)

Fidelity has also increased its holding from 23,925,811 on 15 March to 30,394,294 on 28 June 2004.

Looks as though we are in for another good day.

WE are in for a good day. Plus 5% already!

Where are you all this morning. PCI is now up 8.4%

correction 9.32%

Now 10.10%

Looks as though Friday's high of 17p could be tested again.

sure do hope so

could someone give regular updates on sales v buys, please, I cant access it at work. Thanks

xmortal: 3 million buys, 2.7 million sells and 693K unknown

Thanks Grevis2

grevis2, are you into petrel resources as well as all the others?, if you are read my messages on the petrel thread
dexter

Hi all.

Bought Petro shares back in November. Don't ask me why but I have a hunch Petroceltic is going to be big, very big and are going to rocket soon! I hope and pray!

Further to my post on Thursday night, the price has now got below the upper bollinger band. The price will consolidate around 14 pence now.

Thanks Sue. Will you consider a punt on this one??

For now! and then? Full steam ahead!

Hi Xmortal, not yet. I will wait for the price to consolidate so that the price can build at a certain base for future rises and the uptrend to continue. The RSI is still in overbought territory.

Hi SueHelen

Analysis looks great but what happens when the unexpected happens? Do you have to start from scratch again?