"Is a left field event possible "
Yes I've just had one, after 16 months being underwater with FAR I'm now firmly back on dry land and staring a bull African Elephant in the eye..I must go fishing in the wilderness more often.
There is always a possibility of a left field event when drilling for oil and not always one you want to hear about but testing something related to the Bellatrix formations in SNE 3 won't be one of them....any discoveries beyond the SNE formations in this well would be a material event..
Great to see the share price finally take a much deserved run, it's been a long haul for many and in my case its now suddenly up 20 % and is actually a good gain to date for 16 months from my perspective, with bank deposits at multi year lows, especially having been down over 40% at times, however I have to say from a risk reward view I had expected more at this stage and certainly expect a lot more in future...others unfortunately will still be underwater but considerably less so and some now showing very good returns .
Patience is a virtue with the right stocks sentiment can turn on a dime as we have just seen and of course the best is yet to come IMO...however as always the only price that matters is the one you sell at.
To those who have held tough through some very testing times ....well done it hasn't been easy...
Cheerz Whisky
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Open | High | Low | Value | Volume |
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3 | 46096 | 0.500 |
3 | 37029 | 0.495 |
1 | 5000 | 0.490 |
1 | 38794 | 0.475 |
1 | 42553 | 0.470 |
Price($) | Vol. | No. |
---|---|---|
0.505 | 2951 | 1 |
0.510 | 345490 | 5 |
0.515 | 8560 | 2 |
0.520 | 415246 | 10 |
0.540 | 451 | 1 |
Last trade - 11.51am 04/11/2024 (20 minute delay) ? |
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