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spantrout21:39 |
so is the consensus now that we are close to if not at the bottom? If so, 7am RNS monday, flow testing up and running, and a 14p open lol
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Going_Long21:34 |
The 100k tranches have been here A while now 200 or more.. Some ones been off loading for at least 2 months... I have noticed these every time we get a rise... As soon as we do bam .. Sold
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spantrout21:29 |
RE: Yet another... yes i think I would agree with that synopsis, Darwin are ************* ********** ******* ******** ********* , and one more for luck ***********. Any share I've been in where Darwin have been involved, they have screwed the sp at some point or another, totally their MO.
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Delarnobandi...21:28 |
RE: Yet another... There is absolutely 0% doubt of that. Why would Darwin agree at a price of 6p when Magna just got it at 3.2. This is their bread and butter. I was fully aware of what Darwin will do but despite of that Cambay has oil and gas and there is a good chance of takeover so short term pain for a certain long term gain whether through takeover or long term through development of Cambay and canning.
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dmubuilder21:28 |
told off Somebody also mentioned that Ron got told off with one of his RNSs l. Darwin showing its strength!
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dmubuilder21:24 |
flow tests I fully expect flow tests to start next week which will also coincide with everything.
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Elartu21:19 |
RE: Yet another... I believe Delarno has hit the nail on the head. If any one entity has caused this share to drop it is much more likely to be Darwin than Magna. 18.6 million shares held by Darwin being sold into the market will have the effect of constantly pushing the price down. Magna's less than 2 million just won't do it.
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spantrout21:13 |
RE: Yet another... and would that also be coinidental regarding a t/o, that the sp has reached is low just as the 4 month period expires? I'm not one for manipulation theories etc, it can be seen on every other board, but something here isn't right.
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Delarnobandi...21:11 |
RE: del I do not believe it as I said and if I did I do not have evidence or any supporting documentation to do it. Furthermore, as I have mentioned previously, I got in at 4. 7.75 on the way up and never sold. Shorted on the way down from 10 through CFDs and bought **** loads more at 5.5 thinking it will be a bottom. I have now open long CFDs at 4. If the takeover happens at 8 I will be making a decent sum but had 18 in my head as a minimum.
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spantrout21:09 |
RE: Yet another... it would also follow from yesterdays post about Ron's convo and not wanting the sp to get ahead of itself, was Ron actually displeased the sp went to 12?
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dmubuilder21:04 |
del Why dont you report it now?
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Delarnobandi...20:57 |
RE: Yet another... Dear all, For what it's worth my view after all the receipt developments would be as follows: There is no declared NET short positions on Oex stock over 0.5%, in fact I have made enquires and this stock is not borrow able. The only option left is that someone who had the stock to dump has done so to drop the price. That could only be Darwin as they do not have to declare the change in their position. They could have sold say 50% of the original holding to start the ball rolling down and use very few shares to maintain the downward trend. Further more they could have bought more along the road and sell when suitable to keep the price down. You would be amazed how much can be achieved here at low volumes with 20m shares. Why they are doing it is clear. Get the shares at 6, sell at 12 and on the way down and by again at 3-4p closer to Magna entry and from that point go long. The question is the following: 1. Are they doing this on their own accord in which case it is perfectly legal and no one can do anything about it. 2. Have they been given the shares at 6p deliberately by Oilex when the money was not needed knowing that they will be doing exactly what they have done so that the takeover can happen at a low price? This was also supported by half hearted RNS by Ron since July. If latter is what is actually going on, it is dishonest and misleading and they will not be able to get away with it in my opinion. I have urged Adam to take some steps now rather than after the event if he has any evidence. Any rumour or bad press is hardly going to make any difference to the share price at this stage. I personally think that this is so blatantly obvious that I simply can not believe it. Just Darwin shorting as they have done many times in the past. GLA
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spantrout20:56 |
RE: Yet another... LJS, regardless of who it is, someone is doing it, I think there are enough of us on here that have recognised that, includung yourself.
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spantrout20:55 |
RE: Yet another... LJS, that's 20% of volume today, on a 3m volume day that's 30% etc etc 1.12m shares could do damage.
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spantrout20:53 |
Elartu Monday, 11.56am Going Long posted this - title - How many 100k buys will there be? body - The day before the RNS with flow rates are released? Let's have a guess... I recon 15.. so he has noticed it, Miller has noticed it lol
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1LongJohnSil...20:50 |
RE: Yet another... The price manipulation has been going on for weeks and weeks. Magna have not been causing that damage with only 1.12 million shares to play with each day.
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dmubuilder20:48 |
LJS No harm in asking the authorities to have a butchers.
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spantrout20:45 |
RE: Yet another... Elartu, I haven't suggested Magna have sold off more than the 1.96m u mention in any given day, that would be illegal without notification. I could see a situation whereby using 100,200,300,400k blocks it would be easy on any given day to reduce/increase their holding within the given limits, affect the sp and correct their position without breaking any rules whilst maintaining the exact number of shares. Also (and the legalitites of this would be questionable) if there is the closeness that adams suggests, then more than likely Magna would be aware of reporting dates etc and ensure their holding is as said. Elartu I'm not endorsing this theory, nor am I dispelling it, merely exploring it. As I responded to adams earlier (he was going on about this in May), at that time I couldn't really see what he was referring to, but since the 12's there has been some very distinct trading patterns, which others have notice also. Was it Going long or long john that asked about how many 100k blocks would go through (i can't remember what his comment was off the top of my head but it's on the board), he said 15 or so and i guessed 27. If it is not magna, someone else is f******* with the sp
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1LongJohnSil...20:39 |
Elartu Any change in a significant shareholders holding of more than 1% must be notified. Therefore Magna have only 1.12 million shares to play with at anytime to manipulate the share price. What is being suggested by others is laughable Corporations Act 2001 Section 671b confirms the 1% threshold for notification.
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dmubuilder20:30 |
Elartu I have just sent a request to the FCA and cc'd Oilex in the email.
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