ROG 0.00% 0.5¢ red sky energy limited.

Ann: Major reserves upgrade , page-11

  1. 6,475 Posts.
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    Surprised that the reserve upgrade had so little impact on the sp. Attractive numbers.

    I've been watching for a possible entry point. It seems that ROG's reserves are somewhat offset by the potential for dilution. Seems to be the way of things in the small end of the O&G industry.


    Interested on opinions on what it would take to drive the sp higher. Most immediate good News aready seems to be factored in.
 
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