Re: Holdings in Company 100m shares is not an insignificant amount of shares to buy in an unknown company. unless you do know something others may not. About £40k so it makes me think something will break fairly soon.
Re: Holdings in Company Looking at Dr Nigel Burton's profile as CEO of NU Oil & Gas and that Company's connections with MFDev Co, makes me wonder what he knows that we as PI's don't know.The SP is little money, just 0.04 to 0.05, but that aside, there's almost 300m shares traded this morning. Not an insignificant amount.I'm still in and holding.YB
Re: Holdings in Company I think we will soon see the action that will be taken by the FD of SOLO who joined the Board with Nick Lee recently. Why would he be invited and why would he join unless there was a oil and gas plan in place? THe next few weeks should provide an answer.
Holdings in Company The late RNS yesterday shows a Dr Nigel Burton buying in to PLMO.A quick search shows a Dr Nigel Burton as CEO on the Board of NU Oil & Gas.[link] it is the same guy,Dr. Nigel BurtonChief Executive OfficerNigel has over 25 years experience in operational and financial management, debt and equity financing, acquisition and integration of businesses, disposals, IPOs and trade sales. Following over 14 years as an Investment Banker at leading City institutions including UBS Warburg and Deutsche Bank, including as the Managing Director responsible for the energy and utilities industries, Nigel has spent 15 years as CFO of a number of private and public companies, including Navig8 Product Tankers Inc, PetroSaudi Oil Services Limited, Advanced Power AG, and Granby Oil and Gas plc. Nigel is a Chartered Electrical Engineer (FIET) and a Past President of the IET. He has a B.Sc. (First Class Hons) in Electrical and Electronic Engineering and a Ph.D in Acoustic Imaging at University College London. Looking at NU Oil & Gas,Our strategy is to build a diverse portfolio of assets with a strong emphasis on acquiring interests in stranded and marginal fields. The fields that we are targeting are producing or highly-appraised. NU Oil and Gas has invested in the Marginal Field Delivery Company (MFDevCo), which has developed solutions that can significantly improve the economics of a project, and aims to develop a portfolio of assets utilising solutions delivered by MFDevCo and the Marginal Field Delivery Consortium.then looking at MFDevCo.[link] a look.That is of course, assuming this is the same Dr Nigel Burton who's just invested in PLMOYB
Re: Trades Useful buying by the looks of it.
Trades I know there are a lot of shares in issue but the activity over the past week or so only serves to make PLMO interesting. With the fund raise and the appointment of two new directors one can only assume that this shell is being prepared for something. Perhaps all will be revealed with the annual results.
Re: Going On It looks as if the share sorting has been completed.
Going On Perhaps something is happening as clearly the recent funding was for something and the two Board appointments soon followed.
Re: Nearly 515,000,000 volume There will be nothing in the results but perhaps news of the potential.
Re: Nearly 515,000,000 volume Over 110,000,000 in the last hour. This is going to go soon its got to. Results this week maybe!!!!
Re: Nearly 400,000,000 volume I wonder if its the placing shares being spread out. But I agree there could or may well be something about to happen. The appointment of the FD from SOLO suggests there could be a RTO within the oil/gas sector.
Re: Nearly 400,000,000 volume What every is going on here will have to be let out the back very soon. Today we have already seen 12 trades over 10,000,000 with the highest 59,000,000 and nothing is happening - I don't think so. News must be very soon now to spark this much interest in a penny share.
Nearly 400,000,000 volume What every is going on here will have to be let out the back very soon. Today we have already seen 12 trades over 10,000,000 with the highest 59,000,000 and nothing is happening - I don't think so. News must be very soon now to spark this much interest in a penny share.
Re: Volume: 73,647,104 in 1 hour The Final Results last year were published on 5th February 2016. This years Finals MUST be imminent.And then we had the recent placing with certain Investors which raised £495,000. Who were the certain investors?What has the £495,000 been invested in?The PLMO website gives little away as to the Investment portfolio apart from trying to deduce from the photo's exactly what the BoD is looking at. Not exactly a scientific approach. Additionally, we have the interconnection of the Directors with other company's.And then we have the Market Makers sweeping up any loose shares in anticipation of good news.I'm in and holding, having, rightly or wrongly, done my own deductions.YB
Re: Volume: 73,647,104 in 1 hour Someone will be picking up this stock - all sales and the sp remains static!