CND 15.6% 2.7¢ condor energy limited

petrofrontier corp. provides operation update, page-41

  1. 1,137 Posts.
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    Ravi
    My knowledge is limited so cant verify your understanding of how your reading this as a fact.

    But I have a feeling your pretty close and is similar to the way i understood it.
    ITs funny but after reading the ann I was really pleasantly surprised and i felt it was a great announcement.
    I thought the positive news on Owen 3 far outweighed the negative news on the other 2 wells, infact i didnt even read it as that negative just a few operational problems that can be easily overcome early next year.

    So after feeling quite good about it, i then checked out the PFC share price and to my surprise i couldnt beleive how it was being sold off so aggressively. I was actually expecting to see a small gain in SP if anything.

    Just shows you how we all read these things differently.
    But anyway as a few here have suggested, maybe a good opportunity to top up on Monday.

    LWR



 
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