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

Bb
yep but how will that help me get a true chart reading if data isnt adjusted?
regards
jkd

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Nearly every time there is a consolidation of some kind in just about any stock : some sort of pullback occurs.....before rising again....here we are again...

If old price was 5p then current price would be ( see 7381 14/1/10 above )
3.41p / 4p (offer conversion equivalent 85.25% ) on say old price of 5p = 4.2625p
4.2625 x 40 ( consolidation ) = 5p old price equivalent to 170.50 today equivalent

Price now 173.50p is equivalent to old price before open offer of 5.085p

Still room for improvement ? if old price was 7p then now would be 238.75p

Why the chart guys are too lazy to make corrections I do not know - they should not be employed.

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r
you probably are correct. but it is said a picture is worth a thousand words. that may or may not be correct. anyway how do i draw a true trend line on this chart without the data having been amended accordingly and without having to do all the calculations? i am not lazy and believe i should be employed, its just such a monumental task when it aught and can be be so easy. why do it the hard and long way when there is an easier and shorter way? surely that is being efficient is it not?
but then i am a chart guy.
regards
jkd

It's being sorted as I have requested today that MAM amend the chart.

HC
thank you
regards
jkd

I think that this is heading for 200p before the spud....heavens forbid that the well turns into a duster.....

I think what needs to be done is multiply all the old figures / charts by 3.41/4 x 40 = 34.1 --- that may sort it ?

r
i am sure MAM will do necessary.
since you like playing with numbers what reckon you on 9 squared = 81.=the total
number of naturally occuring non radioactve elements in the universe. 8+1=9 all the rest are radioactive.
regards
jkd
edit
19/ 01 forgot to add, either or not naturally occuring, ie not being naturally occuring = man made in a lab.
naturally occuring if left alone by man being the main substance. they will ALL stiill naturally occur. man or no man. All 81 of them NO more NO less.
just my opinion.

HC
that looks so much better, but surely it is still not accurate.
maybe next time?
regards
jkd

Or copy the Sharescope chart! They seem to have it right.

TOK
how many times does it take to get things right?
regards
jkd

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r
re my post 7401
lead has atomic no 82 and bismuth has atomic no 83, both are non radioactive. so how can that be? beware taking this number challenge, it may be lifelong.
regards
edit see my additions to original post7401
regards
jkd

This looks interesting -
Dow Jones Newswires

AMMAN -(Dow Jones)- Shares in Norwegian oil company DNO International ASA (DNO.OS) rose Monday after the Kurdistan Regional Government said it's willing to resolve a dispute with Iraq's central government over oil contracts the KRG had signed without federal approval.
Responding to a call from Iraq's Prime Minister Nouri al-Maliki to settle the dispute, the KRG said in a weekend statement that it is ready to do so. The KRG also said it's willing resume oil exports from northern oil fields--after a suspension of nearly four months--provided that Iraq's federal government agrees to reimburse foreign companies for the costs they have incurred by producing oil from these fields.
"The KRG is ready to start a serious dialogue regarding this matter, and we are also ready to immediately restart the process of oil exporting from Kurdistan Region's fields at a rate of no less than 100,000 barrels a day," the statement said.
The KRG also will work to increase production from Kurdish fields to more than 200,000 barrels a day, the statement said.
Around 1230 GMT Monday, DNO shares traded up 15.2% at 6.13 Norwegian kroner. DNO has contracted with the KRG to produce oil in Iraq's Kurdistan Region, and a resolution of the KRG's dispute with the central government in Baghdad might enable DNO to resume exports of that oil.
Al Stanton, a U.K.-based analyst with RBC Capital Markets, said the Kurdish government's announcement that it was "willing to enter a serious dialogue" with Baghdad was positive in that a conclusion could be around the corner for a saga that has persisted the past few years between the Kurds and the Iraqi central government.
But Stanton cautioned that the outcome between the two sides, if one is reached, could still prove negative for DNO.
"The question is whether the companies [that have oil contracts with the Kurdish government] are forced to walk away with smaller profits from demands made by Baghdad," said Stanton, who has kept a "sector-perform," or hold, rating on DNO's stock for several months.
Iraq's recent licensing rounds for oil fields in the south of the country resulted in big foreign energy companies agreeing to small profits for deals. Baghdad may insist that companies operating in Kurdish territory also agree to reduced profits for any resumption of Kurdish oil exports, Stanton said.
The Kurds, who maintain a semiautonomous rule in northern Iraq, suspended the exports of 40,000 to 60,000 barrels a day in October because Baghdad refused to compensate oil companies for oil production.
Iraq's federal government in Baghdad, which grants all oil-export licenses, has been at odds with the Kurds since 2007 over several oil and gas contracts the Kurds signed with foreign companies. Baghdad argues that it hasn't seen and hasn't been consulted on these contracts.
"We are publishing the contracts with (Norway's) DNO and (Turkey's) Genel Enerji to facilitate discussions and to show the transparent nature of these contracts," the statement said.
The Kurds started exporting oil from two fields, Tawke and Taq Taq, in June last year after Baghdad allowed them to do so. Then in October, they suspended exports because Baghdad refused to pay the contracting companies operating the fields.
The KRG said then it wouldn't resume the exports until Baghdad agrees to pay part of the revenues to these companies

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