SSN 0.00% 1.5¢ samson oil & gas limited

making sense of pre announcement

  1. 150 Posts.
    Hib all
    Although this was only partially the announcement we were all awaiting for (partially as it gives no indication on flowrates), the announcement does answer some of those questions and doubts that I had leading up to todays announcement.
    Unlike previous spikes pre announcements - there was little run up. Now we know why. There is no doubt in my mind that those with the money to buy heavily into this knew what was going to happen - and decided not to buy in yet. With the hold on rates - there is a possible 3-4 week opportunity now elsewhere before money will flow to Sam's share price.

    Not complaining - it is what it is - but it has answered many oquestions that were indicated pre - announcement.

    If only I knew what they knew!!

    Bellaem

    GLTA
 
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