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

The chart suggests further rises..

mitzy CAD looks a bit wobbly take care.

I've taken a tiny punt on this coming right on a good drilling update...mighty risky I must say !, but thay have 61 million pounds in the bank and the sp ... market value is : at 21 million...that's a big difference....even if they pulled out of the Ukraine and that is a big doubt ; they would have a big lump sum of money left...and there should be a drilling update soon...these used to be 200p at one stage, now 11 or 12p !.

I'm happy to hold rf.

Drilling update next week ?

This has got to be one of the craziest drops of a main market sp....when this was floated there was a market cap of 531 million pounds and a 230p price at flotation....it is now 11.75p with I think around 69 million still in the coffers (with expenditure this will drop).....they have 3 or 4 different licenses and one is in dispute.....does that mean that this company is worth 12p or so ?, I find this hard to believe.....with a positive drilling update, could there be a dramatic upsurge in the sp ? strong possibility in my view !...any thoughts anybody ?, and the spread is being narrowed at the moment !.

I certainly hope so--I bought a few for the same reason as you but the market does not agree with us and it's not easy to sell again. I sold a few on Selftrade but Hoodless didn't want to sell any online! long term hold with fingers crossed??

No problems here.

15p to buy at 14p on the bid things are definetely changing.

16p to buy on the offer.

Interesting chart..

Perhaps my little punt might come off (miracles sometime happen !).

I thought it might rf..!

About time this one moved.

Spread now 4p incredible..still the chart looking great.

Offer almost 20p but the bid is 15p.

do you have L2?
if so, and you want to trade, i'ld guess you could deal well inside those parameters, though volume for the whole day is only 13k
all goes to show the probs and illiquidity of amoeba-minnows

No I dont have l2 but I paid 10p for these 3 weeks back and sitting on 50% profit most trades on Plus.

then take profits!

Oil drilling update any moment now....could go either way...but the sp is still incredibly low....whether my punt will come right or not is guesswork but at the moment I'm up but the spread is horrendous !.