CE1 0.00% 0.9¢ calima energy limited

Ann: Release of Escrow, page-85

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  1. 1,581 Posts.
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    Unfortunately (fortunately for some) there were quite a few shares traded at 10c during the panic selling last month, these will now get sold into the rising SP and slow it a little Those shares when sold today at 12.5c makes a very nice 25% return so it not unreasonable to expect that. I will hold mine for a bit longer, Oil prices are climbing back towards the 90s, people will start to become fascinated by oil stocks again soon I expect. It won't take much to get back to 15c, but it will take an announcement from management to get it back to 20c and an offer for the Montney holding to get beyond that.
 
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