GBP 0.00% 2.5¢ global petroleum limited

ee, (replied to you yesterday on ADVFN but not sure you picked...

  1. 162 Posts.
    ee, (replied to you yesterday on ADVFN but not sure you picked it up)...

    I just can't see TRP getting a placing away - they don't have time for a rights issue (before drill results), and many of the recent buyers would not be interested anyway (without positive news). No major investor/institution is going to buy any volume until results are known (they are already in or will wait until after results), so who do you think they are going to tap (remembering that the vast majority of shares are held by the directors anyway, and they have already chipped in cash a couple of times recently?)

    I think GBP has a lot of upside from here. Volumes down here are minimal, and still not on the radar.
 
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