Somebody selling somebody buying, declining volume all week except Friday which is still way less than half of the 20 day average at 1,814,000
Monday 1,734,800
Tuesday 1,377,554
Wednesday 936,572
Thursday 320,013
Friday 862,063
Everyone in the latest cap raising got free options and if there was enough doubt on their behalf they would sell now for over 50% gain. And have a free carry on the options.
Plenty of traders would be playing this one too.
You may say I am optimistic, but if you feel the current sp action is bearish or a reflection of a negative result why would you hold? Gambling on “hail Mary” pass ‘s have pretty low odds. But everybody invests/trades differently.
As I say there is nothing more uncertain then oil and gas.
All the best guys, been a while coming for this well. Exciting future.
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