Dragon Oil/Aminex share watch.........
- Thread starter Biff
- Start date
- Status
Biff
Active Member
Re: Dragon Oil watch.........
Would be great news for these two shares. The higher the better :icon_bigg
Would be great news for these two shares. The higher the better :icon_bigg
Biff
Active Member
Chuck T Masala
New Member
Re: Dragon Oil watch.........
SELL sex but HOLD nuts. You can't fail.
SELL sex but HOLD nuts. You can't fail.
Biff
Active Member
Re: Dragon Oil watch.........
DGO or AEX Drew.
Interesting article................
Broker backing fires Dragon
By Neil Hume and Bryce Elder
Published: January 12 2010 02:00 | Last updated: January 12 2010 02:00
Dragon Oil moved 3.7 per cent higher to 430p after Merrill Lynch resumed coverage after the recent failed bid for the exploration company focused on Turkmenistan.
Advising clients to "buy" and setting a 580p target price, the broker said that Dragon was still an attractive takeover target. It said majority shareholder the Emirates National Oil Company could bid again, or given the troubles in Dubai, sell its 52 per cent holding.
"Thanks to the strategic importance of its assets, Dragon is a natural target for national, international and Russian oil companies," Merrill said, adding the bidding could go as high as 900p a share."
DGO or AEX Drew.
Interesting article................
Broker backing fires Dragon
By Neil Hume and Bryce Elder
Published: January 12 2010 02:00 | Last updated: January 12 2010 02:00
Dragon Oil moved 3.7 per cent higher to 430p after Merrill Lynch resumed coverage after the recent failed bid for the exploration company focused on Turkmenistan.
Advising clients to "buy" and setting a 580p target price, the broker said that Dragon was still an attractive takeover target. It said majority shareholder the Emirates National Oil Company could bid again, or given the troubles in Dubai, sell its 52 per cent holding.
"Thanks to the strategic importance of its assets, Dragon is a natural target for national, international and Russian oil companies," Merrill said, adding the bidding could go as high as 900p a share."
Last edited:
Lako42
Well-Known Member
Re: Dragon Oil watch.........
Might see some drop in SP over the next few weeks, seems to be levelling out now ready for some more news.
Might see some drop in SP over the next few weeks, seems to be levelling out now ready for some more news.
drummindefender
Active Member
Re: Dragon Oil watch.........
Last edited:
Biff
Active Member
Re: Dragon Oil watch.........
AEX is the better long term share. DGO started off as a penny share, i bought most of mine at 5p, today they are £4.40.DGO will probably get bought out, like the above post states, but at £9 a share i wont be complaining, i will be retiring :icon_wink
Good luck Drew.
AEX is the better long term share. DGO started off as a penny share, i bought most of mine at 5p, today they are £4.40.DGO will probably get bought out, like the above post states, but at £9 a share i wont be complaining, i will be retiring :icon_wink
Good luck Drew.
Biff
Active Member
Re: Dragon Oil watch.........
This is the news they will be waiting for. If they find oil, expect the price to fly.
I think we should have news by the end of Feb, if not earlier.
''Aminex, another explorer, jumped 1.6c, or 10.4pc, to 17c after the start of a new well in southern Tanzania and an increased appetite for oil stocks. Aminex said it had been informed by Tullow, operator of the well, that drilling began on Saturday.''
This is the news they will be waiting for. If they find oil, expect the price to fly.
I think we should have news by the end of Feb, if not earlier.
Lako42
Well-Known Member
Re: Dragon Oil watch.........
Also the shallower US drills that are planned, we may see news on those before the Tanzania drill, unless they encounter the black stuff before the planned 3200m depth.
Also the shallower US drills that are planned, we may see news on those before the Tanzania drill, unless they encounter the black stuff before the planned 3200m depth.
Profondo Rosso
Well-Known Member
Re: Dragon Oil watch.........
Biff any more information about AEX? What are it's prospects in the future etc. Sounds interesting but I have never done this kind of thing before.
Biff any more information about AEX? What are it's prospects in the future etc. Sounds interesting but I have never done this kind of thing before.
Biff
Active Member
Re: Dragon Oil watch.........
No you go to a broker. I use http://www.redmayne.co.uk/
Call them up, tell them you know Biff and he will sort you out :icon_wink
No you go to a broker. I use http://www.redmayne.co.uk/
Call them up, tell them you know Biff and he will sort you out :icon_wink
Lako42
Well-Known Member
Biff
Active Member
Re: Dragon Oil watch.........
http://www.aminex-plc.com/files/Aminex_Oilbarrel_Conference_Wed_28th_Oct_2009.pdf
http://www.iii.co.uk/investment/detail?code=cotn:AEX.L&display=news&it=le click on - DRILLING AND OPERATIONS UPDATE
Hope this helps.
http://www.aminex-plc.com/files/Aminex_Oilbarrel_Conference_Wed_28th_Oct_2009.pdf
http://www.iii.co.uk/investment/detail?code=cotn:AEX.L&display=news&it=le click on - DRILLING AND OPERATIONS UPDATE
Hope this helps.
Last edited:
- Status
| P | Pld | Pts | |
| 1 | Manchester C | 4 | 12 |
| 2 | Arsenal | 4 | 10 |
| 3 | Newcastle | 4 | 10 |
| 4 | Liverpool | 4 | 9 |
| 5 | Aston Villa | 4 | 9 |
| 6 | Brighton | 4 | 8 |
| 7 | Nottm F | 4 | 8 |
| 8 | Chelsea | 4 | 7 |
| 9 | Brentford | 4 | 6 |
| 10 | Manchester U | 4 | 6 |
| 11 | Bournemouth | 4 | 5 |
| 12 | Fulham | 4 | 5 |
| 13 | Tottenham | 4 | 4 |
| 14 | West Ham | 4 | 4 |
| 15 | Leicester | 4 | 2 |
| 16 | Palace | 4 | 2 |
| 17 | Ipswich | 4 | 2 |
| 18 | Wolves | 4 | 1 |
| 19 | Southampton | 4 | 0 |
| 20 | Everton | 4 | 0 |
