It is very interesting to see the manipulation on the share price currently. Today we have 5.3million buyers on at 1.4c. Now the 2 separate buyers of 3mill and 2mill respectively have moved back to 1.3c since a seller of only 500000 shares came on at 1.5c. Seems to me funny games going on here but after reading last weeks qrtly I am surprised people have not worked out the MASSIVE potential the new drill could have. The news said potential of 126mill barrels of oil OTE could earn 10% of that! If you do the maths of $100 per barrel of oil then if they get close to that without the gas then the share price will skyrocket imho. Lets say 12mill barrels of oil times $100! With a very low current market cap I believe theres actually some hidden potential here. Anyone else would like to comment on this? In the past I did not look at it this closely but could be alot better than everyone anticipated?!
OTE Price at posting:
1.4¢ Sentiment: Buy Disclosure: Held