Hello H t L,
The next few sessions of the stock market are going to be interesting.
Today’s intra-day high of 49p was at 14.30 and then the share price performed as usual and gradually fell away to close at a bid - offer spread of 48.56 - 48.68. One of these days the closing price will be the intra-day high!
I’ll be surprised and disappointed if Friday’s close is less than 50p.
There are four factors in the immediate future that should have a positive effect on the share price:-
The arrival of the Aoka Mizu on Lancaster this evening should help the share price tomorrow.
Confirmation that the hook up to the A M has been successfully completed. I would expect an RNS on Monday or Tuesday to confirm this momentous event. I suppose satisfactory completion of the hook up depends on the weather W of S. I don’t think the A M would have sailed for Lancaster without the A M’s captain being confident of a hook up opportunity.
The expectation of first oil should also send the share price higher.
It’s going to be interesting to see what effect publicity about these events in the national press will have on the share price.
I hope you are starting to feel much better.