ELK 0.00% 1.4¢ elk petroleum limited

elk to sell the pipeline, page-3

  1. 11 Posts.
    I totally don't get today's market.

    This is great news. Unless some major unforeseen negative incident occurs, I'm pretty sure oil will be flowing from Grieve next year? Why would someone buy a pipeline if the chances of oil flow are low? They probably wouldn't.

    The market is overly negative at the moment. I've already committed to a big bundle of shares, but if things get cheaper, I may consider dipping my hands in a bit deeper.

 
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