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

Pondy,

Mum's the word!

come on SEY...25 bid??????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????

And another tick up to 24.25 bid. It'll be a nice end to the week if this can hold.

I think its the comments from Hardmans Resource is giving confidence in the shares. See link. Its give very good prospects for Chiguetti project

http://sg.biz.yahoo.com/060324/15/3zlti.html

does a few more question marks take us up to 26?

there she blows capt

at last. maybe this overhang has been cleared...

Shame it couldn't keep its head at or above 25p. Disappointing end to the day really.

Well, fingers xxd on ADVFN has projected the breakout for the 6th April at the first attempt.

I have no idea if he is right, but I will wait and see and hopefullty be th first to congratulate him.

SWW,

The first day in the new tax year!

Anyway, I won't be complaining if he's right.

Yes I had noticed that, and it is quite a co incidence that on that day there should be a bit of money about!

However, the lines do meet up there, so I will be interested to see if it works.

Nice result for Hardman, Sterling et al today, most oilies up anyway, but still nice to see a little bit of up trend on their own merits.

I'll ask this another time.

Hell of a lot of big trades this am any ideas anyone?

aint it fun

jimward9 - 31 Mar 2006 11:07 - 5657 of 5658
"Hell of a lot of big trades this am any ideas anyone?"


Yes. Most likely because the dispute between the Mauritanian Government and Woodside is settled.



Exact details are not yet released, lots of conflicting press.

Nevertheless, seen as a positive in respect of Sterling Energy I would guess, there being a "special relationship" between Sterling and the Government. (If that still exists of course?)

I should have added, we should now see a rapid phase of news imo in respect of Tiof and Tevet developement from Woodside, no doubt the dispute was an impediment to progression.

Gosh don't I sound intelligent?

A poster over the road pointed out a mention in today's Times.

I like the last sentence, as it suggests that what many posters are thinking may well be true.

"Settlement of a dispute on production sharing agreements between Woodside Petroleum and the new Government of Mauritania saw Sterling Energy, which is active in the region, firm p to 25p. Heavy turnover prompted talk that Invesco is adding to its 24 per cent stake."

Sterling Energy PLC
03 April 2006



03 April 2006


STERLING ENERGY PLC

NOTICE OF 2005 PRELIMINARY RESULTS ANNOUNCEMENT

Sterling Energy Plc, the AIM listed (symbol: SEY) independent oil & gas
exploration and production company whose principle assets are in Africa and the
Gulf of Mexico, will announce its 2005 Preliminary Results on Monday 24 April
2006.


A presentation for financial analysts will be held at 12.30pm on that day at the
offices of Citigate Dewe Rogerson, 3 London Wall Buildings, London Wall, EC2M
5SY.


Further enquiries:


Citigate Dewe Rogerson (020 7638 9571)

Analyst enquiries: Nina Soon

Media enquiries: Martin Jackson




This information is provided by RNS
The company news service from the London Stock Exchange

Does anyone have any ideas about the two 5 million trades that went through today? So far over 16 million sold? Somebody is offloading big time??

austing2253,

There are 1.4 billion SEY shares in issue, so 10 million is a tiny fraction.

SEY has many large trades, I don't worry about them as long as the price holds.

I believe there is value here, so I don't worry about intraday price movements or trades, it's the long term upward trand that keeps me invested here.