prefer to talk about the operations more than the sp, but its all that seems to be discussed..
extremely negative reaction to kowalik announcement today imho, and i gather that the impact of that sentiment was softened by the asx rise of 5%
for a well to get a mud hit at this stage is not unusual at all. it obviously was gaining significant momentum and was indicating it had cleaned up, but its obvious now that it is still trying to clean up and maybe a second chemical job would be an option at present to prevent this repeating..
curious if the ones selling today will be the ones considered astute, or waiting for the results of the well after it is unblocked and cleaned up would be a more astute strategy..
good luck to those dumping out and i would gather the ones buying are not seeing anything negative about kowalik..
ADI Price at posting:
32.5¢ Sentiment: Buy Disclosure: Held
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