Xcite Energy Ltd (XEL)

uptomyeyeballs

Is anyone watching these? They are being tipped to go the same way as Rockhopper in July/August. ie. a 10-bagger share.

bobbyj_2

drilling the massive 'Bentley field' in the north sea which is a proven field. Proactive investors best place for info. Funnily enough there hitting near new highs on the TSX tonight.

TRY http://www.proactiveinvestors.com/companies/news/5465/xcite-energy-exciting-times-ahead-5465.html

bobbyj_2

I bought and they are going well today. Very interesting announcement that the bosses have moved their shareholdings to off shore - one suspects they are avoiding a very large CGT bill in the future. Some moneyam posters say this is easily worth 500p. Let us see.

uptomyeyeballs

I've also invested a speculative sum. Looks like late July/early August for drilling. Top end of expectations could be 800p per share.

Nice if it happens!

bobbyj_2

look at this then! research note from westhouse, amazing topline valuation!

""unrisked ‘bluesky’ upside could be over $22/sh""

http://www.xcite-energy.com/docs/XEL_initiate_report.pdf

bobbyj_2

above please remove

tonybee1

Above SPAM please remove

vulcan59

James_Cook wrote: »

Hi, does anyone know if XEL shares can be held in an iii isa? I'm only asking because I read somewhere that AIM listed companies cannot be held in an ISA unless they are dual listed on another recognised exchange? If this is correct would I need to hold these shares in an ordinary share dealing account instead. Thanks.

I have mine in an ISA with Hargreaves Lansdown. XEL have a listing in Canada on TSX which makes them dual listed.

Kavor

James_Cook wrote: »

Thanks for the reply it’s really appreciated. Did you add the Canadian listed stock to your isa or the AIM listed version of the stock instead? Thanks, James.

If you look the share up via the Hargreaves Lansdown it shows the exchange and the indices that the share belong to, and also whether it can be held in an ISA or not. So using XEL, you'll see that the London listing can be held in an ISA.

vulcan59

James_Cook wrote: »

Thanks for the reply it’s really appreciated. Did you add the Canadian listed stock to your isa or the AIM listed version of the stock instead? Thanks, James.

Tha AIM listed version.

bobbyj_2

great news out this morning, this should see these run to 90p and over quickly from here as we approach the spud date. No stamp duty when you buy this share as well ;-))