We should be able to build momentum from this positive quarterly. $2 shouldn’t be far away now. This morning was a good opportunity to get rid of some of the shorters who no doubt exited their positions as the good news flowed in. Next quarterly will be even better. This is definitely not the stock or sector to be shorting right now.
There is too much choice in this horrible market to short stocks in much worse positions. Definitely not stocks making big profits with O&G sentiment strong and looking even better short term... perhaps they have woken up now with future guidance looking good!
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- Ann: Quarterly Report for the period ended 30 June 2022
Ann: Quarterly Report for the period ended 30 June 2022, page-14
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