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

Universe

Nice problem! No gain (over 8.2K) no capital gains tax. One to add, which some people forget, is that you can carry forward losses from previous years. In my own case, I have a loss on a company investment which is accepted as offsetting CGT - I expect I am not alone.

Eric

hello boys and girls....all this distracting talk about food and CGT, anyone else noticed these little puppies are up 1.00?????????????????

oh yes Prop. Keep watching - others obviously are too!

the 2 trades of 4,251,000 shares is obviously at t25 rollover so don't bust something over the volume spike!

too late oops!

I doubt that was a rollover, Prop.

It's time for this little baby to take off. Chocks away, Biggles. Tally Ho.

hilary, i beg to differ, why else would a block of identical size be traded moments apart with a .01p differential???

saying that it would be great to think that it is genuine...how this baby takes off i don't really care!

Sold HNR +17p.

Trying to increase this holding, but there seems a shortage of shares.........

lovely turn...nice bottle of wine tonight for you...

i can off you a quarter at 25p if you are struggling!

Prop,

There are 2 reasons why I don't believe for one second that those trades were a rollover. Not being condescending, but I don't really want to discuss the reasons on here though. Let's just enjoy the flight.

:o)

I'm not tight, but my broker offered 19p a share, and I refused and said 18.75, and then became 30k SEY better off.

I did'nt know I could barter, but it did take a good few minutes to fill this one!

;-)

Looks like an instant profit is about to appear.

The bid has ticked up a 1/4p

lovely trade SWW....

hilary, i would be happy to hear your view on the trade on the board...i am thick skinned enough to hear a view and not let anything degenerate into a slagging match - not my style and i am sure not yours either!

by way of background i was a proprietary equity trader for eight years at a top tier american investment bank and prior to that worked on the UK pitches as a market maker. i would be happy to hear your two reasons and would respectfully admit that i am wrong if they stack up....

prop, thanks for your words in respect of HNR and SEY, small they may have been, but I knew them to be right!

Less outlay for the same return!

;-)

Got in at 18.25 will buy more in the next few days. Run out of dosh so have to wait for sales proceeds to come in.

MS

MS, you are new to the board but instantly likeable. keep on buying!

by the way have was the dripping last night, really made me lol!

Proptrade

Thanks for that. The dripping tasted awful but with a touch of Masala paste and some lime pickle it was just like the local takeaway. Mind you was it pay back time this morning oh boy did we burn.

Good Luck

MS

I wondered when the bum jokes would start! Sooooo British! Keep up the good work!

SWW Surprised you have sold HNR. DNX and HNR seem inextricably linked and both appear to be sailing North steadily. (although I must admit to being in both and TLW but sold far too early). Does the sale indicate you being more excited by SEY opps in near/med term than HNR which has already had a good run?
Will you buy back into HNR or look around for another oil minnow?

can i just say that SWW was just showing signs of a disiplined trader when he sold...i will now let him obviously answer the question and keep my big nose out of it!