I expect more selling as the well goes lower and punters realise that there are no pre drill profits.
All or nothing ($1.00 or 6 cents) is a big risk in this type of market where punters need to protect capital to survive.
The odds of success are less than 20%. The odds of failure are therefore 80%.
I would not play on odds of 80% to halve my money but its up to each punter to work out.
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