Hi Selwyn2,
Nah, in this case the volume doesn't have much to do with it when buyers outnumber sellers 3 to one (also buys vs sells). FDL is in demand, finally! If the announcement is really great we could finish the week at 22 cents as long as the Dow behaves! My opinion only.
11 753,169 0.170
25 2,711,890 0.165
27 2,654,382 0.160
21 1,997,825 0.155
31 2,195,770 0.150
51 3,293,335 0.145
61 4,775,671 0.140
28 2,702,597 0.135
47 3,043,065 0.130
43 2,522,920 0.125
Price Quantity Number
0.175 4,034,322 29
0.180 3,062,148 37
0.185 2,170,707 20
0.190 1,134,000 13
0.195 1,189,488 15
0.200 2,146,538 43
0.205 578,000 7
0.210 150,600 6
0.215 550,000 3
0.220 350,000 4
High Low
0.175 0.009
Last traded time
16:10:33
603 buyers for 50,939,326 units 195 sellers for 16,148,503 units
I hold the following stocks (Notice the low cost oil producers - most are redrilling US fields which are low cost as they have infrastructure in place to start selling oil and gas).
ADY ADMIRALTY RESOURCES. ORDINARY
DEG DE GREY MINING ORDINARY
EGO EMPIRE OIL & GAS ORDINARY
EMR EMERALD OIL & GAS NL ORDINARY
EXE EXOMA ENERGY LIMITED ORDINARY
FDL FLINDERS DIAMONDS ORDINARY
FDLOA FLINDERS DIAMONDS OPTION 29-SEP-08
GDA GONDWANA RESOURCES ORDINARY
HZN HORIZON OIL LIMITED ORDINARY
MOS MOSAIC OIL NL ORDINARY
STX STRIKE OIL LIMITED ORDINARY
SUR SUN RESOURCES NL ORDINARY
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