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

OPEC seek to harden oil prices.

Opec hints at keeping oil above $50 a barrel next year
http://business.timesonline.co.uk/article/0,,13132-1957585,00.html

"OPEC is to cut back its oil output in 2006 in order to defend the current high level of oil prices, the cartel's president suggested yesterday.
Sheikh Ahmad al-Fahd al-Sabah gave strong hints that the Organisation of Petroleum Exporting Countries wanted to keep oil prices above $50 a barrel and would take action next year if prices began to weaken."

They had previously said that $45 as a floor was reasonable.

Cements in prices for Sterling next year if they manage to do that.

Happy Christmas.

Love from poo

A merry Christmas to you too Poo, and to all other holders, lurkers and anyone else! Hope you all have a good one and here's to 2006.

All the best.

Cheers

Gav

i have to admit i thought sterling would be well over 20p by now, disappointing really.

merry xmas all!!!!

merry xmas, a quid by xmas 2006!

rgds to all

PT

prop,

Happy New Year to all SEY ers!

Hello prop "a quid by Xmas 2006" that would be nice, I'm looking for 20p+ by February 06 at the moment. Off subject, we needed that 4/0 win last night didn't we.

it was a great result and a 4/0 win tonight would be even better!

i am going with a man u supporter so if we are down i will make his presence known to the sea of arsenal supporters in the west upper.

rgds
PT

prop,

LOL!


Well the footy was poor, but to compensate us, SEY are setting the market alight today, now up 5%, or 1p!


I wonder why?

i agree and the penny improvement is most welcome...

100/- just traded at 19.25!

Why the sudden movement this year. I cannot find any new news? Have I missed something?

Jimward,

It may be the anticipation of Chinguetti production commencing Feb / Mar 2006!

Effectively we are now within T trading range.

Thanks Andy but,
Seems a bit early for Feb/March production, to have this much effect on the share price. A lot of trades and some are larger than normal ?

jimward9,

yes but I think people are going to buy in anticipation of a price rise when production commences, and if you trade T25, and rollover the permitted once, any T25 s bought now should be active when production commences.

For this reason I expect a rise in both price and volume as the month progresses, and once we are into February, we will be in range of T10 rollovers, and I expect the action to really start.

The shrewd money will be in early IMO.

good old T25...CFD's/spreadbet all the way for me!

Steady rises would be a bonus for us long termers.

1 by Christmas?

lol

poo,

I'll settle for 30p!

Todays rise????

Amvescap now have 23% of the Company in their name.

The hare's on the move at last.