Just gotta hope that the market isn’t “informed” of anything we don’t know. There’s clearly a lot of nervous people around this stock which explains some of the selling. Maybe all of it. It’s not often the market gets it majority wrong off some pretty decent volumes… but it does happen. We’ve gone from 18c to 11 which is obviously a big big drop. I’m officially nervous but hopeful that we get an update soon that calms the market and returns the optimism to our trading. My biggest concern is that I am light on understanding of oil and gas and that I’ve underestimated the complexity of an over pressurised well.
MAY Price at posting:
11.0¢ Sentiment: Hold Disclosure: Held
