As a BESBS player (usually), I think that 2012 looks good for OEL.
In simplistic terms:
* big target drill coming up.
* drill confirmed in Investor report for April. This is not long to wait once the traders sober up/return to work after their Christmas cheer.
* drill is funded
* SP is still relatively low in the usual BESBS (Buy Early Sell before Spud) cycle. This should be another incentive for punters.
For longer term holders, the key to SP performance is whether SC 55 is a success. Nonetheless, I can see a 15c+ SP target at spud so a (roughly) 70% potential gain - if one wishes to lock this in - would be a good offer to shareholders.
Anyway, I'm in...
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- better pull your finger out next year
better pull your finger out next year, page-8
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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Price($) | Vol. | No. |
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3 | 2250000 | 0.010 |
2 | 140000 | 0.009 |
2 | 245123 | 0.008 |
6 | 1693426 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
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0.013 | 16662591 | 21 |
0.014 | 9849735 | 15 |
0.015 | 5131000 | 11 |
0.016 | 1248004 | 3 |
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