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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 > 10percent at these prices
View:
Post by Stockwizard10 on Nov 09, 2023 11:10am

10percent at these prices

10 percent holding at these prices. Somebody is very confident to be putting that amount in. Must be very confident of a good return. So I think it's nicely under pinned here .

The reason is this is significantly underr valued and you can bet they know more than the average pi about future events.

Buy buy buy
Comment by CravenMoorehead on Nov 09, 2023 12:59pm
Nobody takes a 10% position without a bit of inside info....
Comment by Stockwizard10 on Nov 09, 2023 1:03pm
Indeed. Looking at the charts we hold above recent highs, it's going to open up the 5s with a target of 5.25 and above . Gla 
Comment by windymayor1 on Nov 09, 2023 1:09pm
Eric Nuttall's Nine Points owns $100mm worth of MEG. Are you saying he owns it based on insider info too? I expect their invesestment decisions can be purely based on available public info including having a comfort level and knowledge of the domestic/regional assets and the CEO's vision for the future. 
Comment by Stockwizard10 on Nov 09, 2023 1:17pm
I think I'd sign the insider list with that kind of investment, wouldn't you ,?
Comment by windymayor1 on Nov 09, 2023 2:08pm
I don't think they are done buying. Can go up to 19.9%.
Comment by CravenMoorehead on Nov 09, 2023 3:03pm
$100 worth of MEG is about 1.4%...
Comment by firstworld on Nov 09, 2023 6:17pm
Thai Elites, Organized Crime, Military Junta, and Regulators all go to same brothels and country clubs ...its purely a way to have power in the corp and squeeze them dry while snow washing USD 25M.  Its hard for Thais to get residency and passports to firstworld countries so they go for 3rd world crdeit bubble welfare states like Canada haja. We now know where the extraordinary  volume ...more  
Comment by cyber37 on Nov 09, 2023 4:02pm
Yes, 10% is significant but I don’t think VLE gave them any ‘insider’ info other then what is publically known. They may have given them private presentation with a one on one Q&A session but no more. Likely this fund consulted with a ‘major league’ technical experts & went with that. This is a very bullish sine & reassuring for an average independent investor. Potential for a future ...more  
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