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Bullboard - Stock Discussion Forum Valeura Energy Inc T.VLE

Alternate Symbol(s):  VLERF

Valeura Energy Inc. is an upstream oil and gas company engaged in the production, development, and exploration of petroleum and natural gas in the Gulf of Thailand and the Thrace Basin of Turkiye. The Company holds an operating working interest in four shallow water offshore licenses in the Gulf of Thailand, which include G10/48 (Wassana field), B5/27 (Jasmine and Ban Yen fields), G1/48 (Manora... see more

TSX:VLE - Post Discussion

Valeura Energy Inc > If BG has been selling
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Post by energee on Mar 09, 2023 8:15pm

If BG has been selling

BG have been carrying a large negative book valuation from the old days.

Given their large position, for risk management and recovery from the past, if I was BG I would have sold some too but would also stop selling right about now to not get the "Should have held it all" comments when this stock rocks.

Great upside from here.
Comment by nozzpack on Mar 10, 2023 9:52am
Trade Station data for the past month show that other than the usual large volumes by the MMs pingponging shares back and forth, there have been no single house buying or selling large amounts . In fact, removing MM volumes and the other  volumes are quite normal .....BG is neither buying nor selling large amounts. Looking forward to next week week..