"Downside"'s buy and sell figures confirm my figures as well. It appears as though IOC have finished selling as ML sold only a handful of shares during the week to May 11.
If it's now in the hands of daytraders (and the trading patterns certainly indicate that), we know what we are dealing with.
The short term key to this now is obtaining a sustainable flow rate for J50 of circa 400+ bopd and announcing such. That will be the catalyst for the UK/Euro funds to start buying again IMO.
the race has just begun, page-2
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