if the 5% drop today was a reaction to the suicide bombing in ankara then it was a fairly irrational and might present a good buying opportunity. seems a bit of a delayed reaction the incident seems to have happened on the 22nd turkish time so maybe there is another reason. even if talk of invasion of northern iraq kurdish country i cant see much risk to ipm's little oilfield in the middle of nowhere. any other ideas on the sell off?
cheers
IPM
incremental petroleum limited
