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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

halifax - 18 Jun 2009 12:46 - 84 of 178

Read RNS yet another E & O dud?

required field - 18 Jun 2009 13:22 - 85 of 178

If there was a contest for the crappiest update : this one is a good entry....ridiculous stock !.

kate bates - 12 Oct 2009 20:38 - 86 of 178

This looks interesting after todays announcement, i'll take a peek in the morning so long as they don't run away.

required field - 13 Oct 2009 08:24 - 87 of 178

I had the finger on the buy button...hesitated at 22p...did not....could curse...blast it !....

gibby - 13 Oct 2009 08:25 - 88 of 178

Just posted by a very well respected poster on ADVFN
David adams - 12 Oct'09 - 18:39 - 40052 of 40066
"Cadogan noted that while it was actively pursuing a programme to return cash to shareholders, it was also looking at a number of initiatives in Ukraine, including a potential farm-out of some of its assets as well as other strategic relationships."
CAD could return around 42p a share after closing the share premium account and then leave around 6 wells dotted around the Ukraine. Looks about as good a punt as you can get on the market at the moment. Half a dozen wells valued at 0p! Could be argued CAD are worth way way north of 100p.

cynic - 13 Oct 2009 08:29 - 89 of 178

to my amazement, i see sp was about 200 in july last year ..... and seemingly doing its darnedest to get back to that level in one day! ..... sp has gone crazy, at least for now

gibby - 13 Oct 2009 08:35 - 90 of 178

agreed cynic - i got in just in time not sure how long will hold - maybe quick profit and out but would not be surprised to see this hit 40p or more today - watching carefully - GL

required field - 13 Oct 2009 08:39 - 91 of 178

And now the sp is ?....33p .....aaggghhhhh !....could kick myself for not buying on opening...

cynic - 13 Oct 2009 08:41 - 92 of 178

very difficult to call ..... have just had a look at it on L2 .... seems to have been suspended with sp at 27/30 ..... important RNS being put out perhaps?

note on L2 says "auction" but that may be just a catch-all

required field - 13 Oct 2009 08:48 - 93 of 178

Well at 8am : could only buy at best so was not too sure about what price I was going to get !.....but there could be a dramatic change in fortunes for this company about to happen....sp too far up now for me and suspended ?...

cynic - 13 Oct 2009 08:56 - 94 of 178

starting to look like rocket+stick syndrome .... now 22.75/25.0 with more than enough stock on offer ..... reckon you had a lucky escape RF!

Balerboy - 13 Oct 2009 09:04 - 95 of 178

now he tells us..............aaaaaaaaarrrrrrrrrrrrrrrrrr!!

required field - 13 Oct 2009 09:45 - 96 of 178

Bought in....I know I must be bonkers !.....hoping for a rise because if the Rns is correct then there must be some serious upside still to come....plenty of cash this company....risky....but with upside rather than downside ?

micky468 - 13 Oct 2009 09:50 - 97 of 178

thinking of doing the same R/F waiting to see if we have a little more down side still to come think next bye or sell will show the path 1v1

skyhigh - 13 Oct 2009 09:57 - 98 of 178

Bought in this morning @25.74p...had been watching this for a while...good luck all!

cynic - 13 Oct 2009 10:25 - 99 of 178

now then BB, i've had enough shit stirring from you already this morning! .... not my fault if you act like a demented lemming and jump in at the top only to find that you have actually jumped off the cliff

23.5/24.5 at time of writing

micky468 - 13 Oct 2009 10:27 - 100 of 178

looking like this might just go back down to 20p on charts if so would be a very good bye ,hoping to bye soon as

cynic - 13 Oct 2009 10:33 - 101 of 178

"good bye" may well be more apposite than "good buy"

required field - 13 Oct 2009 10:40 - 102 of 178

Rebound coming now ....possibly....

cynic - 13 Oct 2009 10:42 - 103 of 178

if you're a buyer, then you're a far braver man than me gunga din
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