Tracking

Tuesday, 21 June 2011

Victoria Oil and Gas (VOG)

Despite the market being in chaos, Victoria Oil and Gas is doing OK. Since yesterday the sp has been blue whilst many other shares are red! OK its not setting the world alight but it is holding up well.

At the weekend, a poster posted an alleged email from Masoud Alikhani; the main man at BMR, suggesting that the Kabwe deal was done and an RNS would be issued shortly. Whether it was real or not I don't know but in light of that you would expect the sp to rise, more volume etc. Instead the sp has fallen and currently stands at 5.49p so it is not doing well.

Things are not going well at Edenville Energy EDL where the sp has dropped substantially and is currently 0.7p. I bought at 1.75p and the fundamentals have not changed but the sp is doing badly. Yesterday they issued an RNS saying Gradinex had sold some of their holding and crossed the 10% barrier and today they issued an RNS saying that Barnard Nominees had increased their holding to 13.74%!! So funny old times

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