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Bullboard - Stock Discussion Forum Petrotal Corp T.TAL

Alternate Symbol(s):  PTALF

Energy Oil & Gas E&P
PetroTal Corp. is an oil and gas development and production company focused on the development of oil assets in Peru. The Company is engaged in the exploration, appraisal and development of oil and natural gas in Peru, South America. Its flagship asset is its 100% working interest in Bretana Norte oil field in Peru's Block 95. Through its two subsidiaries, the Company is engaged in the ongoing... see more

TSX:TAL - Post Discussion

Petrotal Corp > tape
View:
Post by billfox54 on May 15, 2023 4:13pm

tape

Hi Tal watchers:
     I'm puzzled by the recent trading, with sudden high volumes, and what appears to have been a market sell order at the end of the day.  Some thoughts would be appreciated.  Thx.

Bill
Comment by geezer21 on May 15, 2023 4:30pm
There was 20 million on Thursday, 20 million on Friday and 10 million today.  Those look like arranged crosses.  Since the volume decreased to 10 million today I suspect they will have completed making a transfer of 50 million shares.
Comment by Sunset48 on May 16, 2023 6:00am
Puzzled and frustrating to say the leased. No explanation 
Comment by geezer21 on May 16, 2023 10:27am
You answer is in the news release: Mr. Alshinbayev's acquisition of the Common Shares were for investment management restructuring purposes. MCIL, MCL and/or Mr. Alshinbayev may take actions in the future in respect of each of their security holdings in PetroTal from time to time based on the then existing facts and circumstances, which actions could include, without limitation, acquisitions ...more  
Petrotal Corp
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