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Cadogan Petroleum worth a Buy (CAD)     

mitzy - 30 Mar 2009 12:19

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


Chart.aspx?Provider=EODIntra&Code=CAD&Si

mitzy - 14 Apr 2009 11:43 - 59 of 178

16p to buy on the offer.

mitzy - 16 Apr 2009 17:26 - 60 of 178

Interesting chart..

Chart.aspx?Provider=EODIntra&Code=CAD&Si

required field - 16 Apr 2009 19:16 - 61 of 178

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

mitzy - 16 Apr 2009 19:52 - 62 of 178

I thought it might rf..!

mitzy - 20 Apr 2009 09:16 - 63 of 178

About time this one moved.

mitzy - 20 Apr 2009 10:15 - 64 of 178

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

Chart.aspx?Provider=EODIntra&Code=CAD&Si

mitzy - 20 Apr 2009 14:15 - 65 of 178

Offer almost 20p but the bid is 15p.

cynic - 20 Apr 2009 14:17 - 66 of 178

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

mitzy - 20 Apr 2009 14:31 - 67 of 178

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

cynic - 20 Apr 2009 15:45 - 68 of 178

then take profits!

required field - 20 Apr 2009 16:47 - 69 of 178

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 !.

moneyplus - 20 Apr 2009 19:28 - 70 of 178

I managed to sell these through selftrade but can't sell online through Hoodless so I hope they continue up!!

mitzy - 21 Apr 2009 08:27 - 71 of 178

Read todays RNS..

cynic - 21 Apr 2009 08:50 - 72 of 178

all looks pretty bleak to me

mitzy - 21 Apr 2009 08:59 - 73 of 178

Surprise me..!

required field - 21 Apr 2009 09:17 - 74 of 178

Just bailed out before sp plunge...made a nice little profit...might be back when things settle down a little .....the spread is nuts !.

cynic - 21 Apr 2009 09:22 - 75 of 178

well mitzy, i hope you took my advice and at least top-sliced yesterday.
imo, this has always been a mug's punt as the stock is hopelessly illiquid and the spread always ridiculous

required field - 21 Apr 2009 09:27 - 76 of 178

The time to get in was when the sp was around 12p....not 16 or 18p....this might rise tomorrow but who knows ?, they do have capital, but if they exit Ukraine, that will be eaten into....anyway I've made a nice little earner in the words of "Arthur Daley" !

cynic - 21 Apr 2009 09:33 - 77 of 178

when the spread is always around 20/25% it makes no sense at all to put money in

required field - 21 Apr 2009 09:38 - 78 of 178

I'll tell you what !....I wouldn't do it again...it was a punt like betting on horses !.
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