VOG 2005 New Thread

the placing was highly oversubscribed and the board were presenting to institutions all across europe last week. this will have raised the profile of VOG and may mean that we dont get tbe retrace to the offer level that many suggest because funds will be working buy orders with the market makers to scoop up as many as they can sub 100. many will not have got the amount they wished so will be forced to buy in the market. i'm expecting news on the testing of 104 around Feb 06. That will be the potential company making news and could propel us well past 200p very quickly but we have to realise there are still risks that the gas may not flow. surrounding areas/structures have not had problems so fairly confident. We may also get another RNS this week to confirm that the placing is a 100% done deal. That may be the signal that the funds want to start buying heavily... imho.. why short for 20p downside with the potential upside these currently offer... no brainer...