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

austing2253, brianrog,

Massive volume traded today so far!

Up 0.5p, but the MMs will probably play around with that later!

Look increasingly like Amvescap are making a final move on the Company.

And why not at these prices

wow...VOLUME

Master RSI says stock over hang being cleared prop, looks too big for that.

72.5 million trades so far - I agree sww, too big for a stock over hang.

Been bots running for days, 10,15,20,25k's apart from all the rest

WAY too big....sorry i have been playing in PANR and only have a scrap of these left, whats up?

Funny thing is that the bid ask stayed at 20 - 20.5p wmore or less, amd all the time this was happening then, whe a few retail players came it, the MM's marked it up.

Are they trying to discourage buyers I wonder?

Don't want the price too high until the order is filled?

Here is what I know today, The Times says PMO are in the frame for a takeover, by Shell.

Sterling get revenbue from PMO, Amvescap own 23% at last count of this company.

It could be that the PMO issue will come off and Amvescap may make an offering of Sterling along side, or is that too daft a guess?

I only have a scrap too.

That'll do.

optomistic - that was my thinking......

The sp crashed down a few days ago because of a ROC/ Hardman report on Chinguetti, which actually made not much difference to Sterling.

Yesterday the buying started in earnest at below 20p.

It appears someone knows something we don't. Many large trades and very high volume. Anyone know what's going on?

83 million shares traded!

I think that is record daily volume for SEY .

I still think it's Amvescap playing pass the parcel.........

Anything else and there would have been significant sp movements up or down.

Always interesting here though, even when it's boring.

SHARES MAG TODAY POINTED THAT RESULTS COMING SOON, AND INVESTORS TAKING ADVANTAGE OF THE LAST DROP IN PRICE.
PLEASE CHECK THE ACTUAL MAG.

georgetrio - if you are suggesting shares mag caused this, you have a lot to learn.

No offence intended.

SWW, keeping the thread in line still i see!

Somone has to prop, you've been absent making loads of dosh elsewhere, so I feel kijnd of responsible for all the poor punters who just arrive to make money here without sweating the blood that we did for out few pennies.

Tell you what, there's a ready made millionaire in waiting who uses this thread, and it's not me!!!

Someone has their shirt on this going through the roof, of course it will once Exxon get off their backsides and do something about Sterlings seismic in Madagascar.

That me old mate, is the big one!

Buy now sell 4 years time.

Dont know if I will still hold by then unless I just forget about them.

I gone fully paid up for a change too to stop my petty fiddling with buys and sells.

me too....PANR is the way to go. seriously seriously have a look on advfn

Will do me old Plum....