The London market seems very jumpy at the moment. It appears the market makers are very defensive and go to red immediately any news appears. Tullow issued a RNS and the sp was downed 8%. What did the RNS say Mputa4 was producing oil at around 1,000 barrels a day from a 5m layer. They would start production late in the 1st quarter of 2008. They still had more testing to do on the well. So far on an 1/2" choke they had noticed some DEPLETION after shut in
I think the use of the word depletion sent the market makers scurrying like jack rabbits to their burrows
Merry Xmas to you all on the beach. I do not envy you we have Fog and Frost. Well not a lot anyway
- Forums
- ASX - By Stock
- HDR
- trading in xmas week
HDR
hardman resources limited
trading in xmas week
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add HDR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online