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BUY - Bounty Oil

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Amazing. Shares in a trading halt all day to announce a duster after market WTH?

Tomorrow BUY and MMR are going to go the way of NDO and KIK today.

Look out below!!!!!!!!!!!!!!!!


:ald:
 
Slipperz said:
Amazing. Shares in a trading halt all day to announce a duster after market WTH?

Tomorrow BUY and MMR are going to go the way of NDO and KIK today.

Look out below!!!!!!!!!!!!!!!!


:ald:
Click to expand...

You are right.
My guess BUY will be punished more heavily than MMR.
BUY only had a recent rights issue 1 : 10 with 10 cents .
 
Slipperz said:
Amazing. Shares in a trading halt all day to announce a duster after market WTH?

...
Click to expand...

decidedly questionable behaviour by buy and its pep11 cohorts (or at least the potential for the appearance of it)

as slipperz mentions after market ann on seaclem1 duster

then an ann this morning (8.23am) about 40m intersection of sandstone with 30% porosity (yet no hydrocarbons) in a possible attempt to gild the lily

pre-open this am was looking like a bloodbath (between 40-65% smackdown across the 4 co's involved) and then ... nothing, still in a trading halt

shortly afterwards this became suspension pending a further ann re seaclem 1

all price sensitive info appears to have been released over yesterday and today's anns

so what further price sensitive info is to be released?

a call to the co's head office is met with "this office will be closed till 4th jan"

this is unacceptable - if the co can request a suspension, they can man up and answer shareholders inquiries (as seaclem1 was a potential co maker, it is indefensible to have the office completely closed, irrespective of christmas and new year) - as mentioned before if you can request a suspension you can answer shareholder phone calls

is the suspension an attempt to delay the inevitable?

man up and let the market pass judgment buy bph mmr gba

on a side note, unlike gba, mmr, bph, currently buy is a producer through the utopia field, albeit at 3 cups, 2 thimbles and a partridge in a pear tree per day

[on a positive note, if they remain in suspension till jan, will be saved the ignominy of coming first in the monthly stock tip - at the non-business end]
 
Unsurprisingly the race to the bottom continues apace. Commiserations to holders.

There might be hope there in a second drill but that's gonna take more capital.

Risky business....
 
BUY

She hit 1.1 today and bounced back seems cheap any thoughts.
 
In the depth for 1.5m @ 0.01 have got 1m lots at 0.012 and 0.011 so pretty happy buying back in now my average sell was at 2.2 so it’s nice to be getting back in the paddock of BUY at these levels ?
 
Got my fill at 0.011 happy with that time to sit and watch my 5 million little eggs hatch bring on the road forward with pep11 and what ever Kelso wants to do with the recent million plus raise he cashed up with, exciting times ahead for bounty December could tell a real story $$$$
 
Seems to be on its March north now BUY steady at 1.4 atm just waiting for it to exlplode now With the buy depth below market price building by the day , like I said earlier very good December coming up GLTAH ?
 
Very Happy with this action of late BUY has been a 6 bagger thus far for me, and it’s got a lot left in her tank over the coming weeks
 
I’m back on BUY it’s up for a massive run check out it’s annual report and quarterly so undervalued for upcoming plans.
 
Big day tomorrow for BUY the Scomo shackles are going to be removed and Pep11 is now back on the table.
 
I actually sold at open with thinking it was going to open @1.6 cents this morning turns out it opened at 1.5 I sold my quite large parcel and thinking of re entering tomorrow at 1 cent but will wait and see, you do realise that Pep11 is a federal decision as it’s in Federal waters, and that in the last 3 decisions in NSW the State has done there token denial and the Federal has approved exploration, it’s just the way it works.
 
I’ve bought back in at 1 cent I do like the outlook for BUY in the ST, Australia needs and the world craves for what they are exploring for.
 
mobcat said:
I’ve bought back in at 1 cent I do like the outlook for BUY in the ST, Australia needs and the world craves for what they are exploring for.
Click to expand...
And I’ve just bought 5m more today 008 and 5m options yesterday at 0.004, the plan with Bounty is just coming to the pointy end finally in Pep11 and it’s time to make the move for ST gain .
 
The PEP-II gas drilling project proposed just off the NSW coast has been blocked by a joint federal and NSW state panel, with federal Minister for Industry and Science Ed Husic citing public interest and doubts about the companies’ ability to fund the work.

"The Joint Authority refused the applications for reasons of public interest, concerns about the applicants’ estimate of the cost of works and their ability to raise the necessary capital to fund the proposed works,” the minister’s statement reads.

BPH Energy, the holding company for Asset Energy, halted its shares from trading ahead of the government’s announcement, as did Bounty Oil & Gas, a minority partner in the venture.
 
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