VOG 2005 New Thread

monty

Ive been in this stock since inception and have traded a non core holding along the way but the fact is this -

The directors won't care one iota who shorts or not. There is too much potential good news in the pipeline. We are not talking about just any old gas find but something as big as possibly 13% of North Sea Gas supplies at its height in addtion to a potential 60 mb oil field that could become a substantial cash cow. They don't put themselves on the block time after time buying shares, buying out the remainder of the field, buying shares for employees, taking shares in lieu of salary and their advisors doing likewise. We have already had a massive signed off recoverable figure from D&M that may be much greater. Relate to that the value given in the brokers estimate and also which was substantially and heavily discounted.

The directors have bought in from the start and bought again at circa 37p. None of that stock was sold. They then buy again substantially in the placing at 78p. On top of that they buy again at 105p yesterday. They won't be selling any time at all soon.

Just like the days of 40p. these days of £1.20 will be seen as another excellebt buying opportunity but sadly will be missed by many who instead of buying in a valuation range wait it out for a few pennies here and there. The bottom line is potential much, much greater than it is today.