120 metres????, page-29

re: 120 metres???? hardmano Hi H.
I like a lot of peolple got stopped out of my trading stock when $1.90 failed.

I still have a core holding in super fund which is also well under water on paper.

WPL and Roc should be shot over the quality of their news releases ? wonder what a " we have found a 120 mtr oil column and are considering a further well to determine commerciality " announcement would have done to the S/P ?

Woulda gone a long way to rebuild confidence after the tiof F*ck up.

I bought back in today because I think risk reward is weighted to the upside ?

$1.60 should provide strong support on the chart so I think ( hope ) downside will be limited to 10% and of course upside with a 12 month view should still see $3 with a bit of luck.

Add into the mix a hostile take over by a bargain hunter preadator ? ( must be on a lot of radar screens under $2 )

So Im in again with a stop at $1.58

Cheers Hoot