Yeah topping up is looking more attractive. The 'traders' seem to be in control, obviously some are also exiting that brought in at SPP.
Unfortunately the market is always right, today BOW is worth $1.01, when 3 weeks ago it was worth $1.40ish. By anyones books that is a substantial drop.
I've seen it happen before. I was in AGS when it got smashed from $2.90, it now trades at 60c or so.
Lets not kid ourselves here, if there isn't any compelling corporate activity, commercial flowrates or reserves upgrades, we could be range bound for a while, or drift lower.
We are today no further ahead than we were 10 months ago.
Sorry to be negative, I do believe in the company, just a bit shocked by this drop, when I can't see what has changed about the company. That suggests to me that we were in a bubble.
Mr D.
BOW Price at posting:
$1.01 Sentiment: LT Buy Disclosure: Held