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Harris541

382 Posts.

170

13/12/21

09:15

Post #: 58247994
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Originally posted by BullBear45: ↑

Well it's only another week or so until we get the IP30 rates on the new wells, and hopefully we get the production outlook and guidance upgrade for next year also

Confirmation of the IP30 rates should unlock a lot of new investors who've been patiently waiting to see before they buy.

There's been no real selling pressure since the mid 20's, the volume of sells has been quite low, however, the absence of buyers and continual pip trading to push it down has allowed it to go far lower than the price last month. Unless everyone has already spent all their money buying, there mustn't be as much conviction here as some people imply !!

Does anyone have a broker's report to see who's been selling in the last few weeks?

Expand

Here is some more data for you. I picked the start date of the data from when the SP started to slide in Oct

If you or anyone wants to see different dates, let me know. I am still trying to figure out all this selling pressure.

CE1 Price at posting: 18.0¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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