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

master I am sorry, I see what and why now.

Please accept an apology from me.

At first glance the results look good and show huge potential for SEY. I particularly like :-

"Recognising that market conditions are changing very fast, we have recently
reviewed the Group's prospects and opportunities. We have decided to put the
USA assets up for sale to enable us to focus our resources on high reward
ventures. After a sale, we expect to have no debt, significant cash and
production income from Mauritania. It will be an enviable position from which to
build. We have very recently added the high potential interest in Kurdistan and
there are moves to fast track drilling in Madagascar."

Will the market like it though?

30p in a year imo
It should start to move tomorrow

The highest single trade volumes reported at 10:09 and 10:10 yesterday:
25000000 @ 9.5
23777000 @0.5
when the price was 9.3buy and 9.4 sell.

stock is up by 30% plus in last 3 weeks,so starting to look good.

SEY is begining to fly 11.2p at present, apart from its undoubted asset portfolio
which in turn has persauded none other than the Naked Trader to invest.
Now i only know of the NT by reading around, but it seems he is the most respected investor on these boards and just the news of him buying into a
stock tends to send the SP into orbit.
For me SEY potential is the reson but i feel a whole lot happier knowing that
NT thinks enough to invest?
aimho
cyril

noc, remember he is Naked Trader, not Naked Investor - quick 40% profit and out, sometimes runs his holdings a little longer, so also watch for his exit if only to explain a minor hiccough in the upward trajectory

S/dog thanks i'll keep that in mind, although i have held these for as long as i care to remember.
cyril

longer than I care to for sure!

Just think of it as lost dosh returning home,or something that you found stuffed in an old pillow!

another good news for sey reg-roc. looks like good luck is back.
just few more discoveries in kurd and happy days for all

Had a good day.

Any reasons for the fall in the sp today?

Denis obrian ups stake to 13.11 percent,just bought a few more myself!!

Sale of peripheral assets,might buy a few more!!

Moving up!!!

:)

:) :)

Farmout of interest,makes good sense.
:)

What interest are they farming out CWMAM?

edit: have just seen the RNS. Does make sense with current day drilling costs.