it doesnt bode well
fibonnacci retrace of 60%,almost 2/3 off the high.
360....240...headed to 120...
sorry guys but thats what i see.
thats since drilling ungani north with
1.5 kms of gas and 50m of oil
it just makes it impossible to put hard earned money into this good stock...to see constant losses.
it destroys the whole concept of investing long term.
ordinary people wanting to put savings into shares are being ruined...
what solution
sell at a loss and get out
avoid the stock market overall...its for gordon gekkoes
and masochists.
as optimistic as i am, page-15
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