BME 0.00% 0.8¢ black mountain energy ltd

Ann: Black Mountain Energy sells Half Moon Prospect for A$10.7m, page-36

  1. 811 Posts.
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    Pretty dry now, taken some at 2.2 this week but hard to get much.
    seen a number of o&g explorers trade near cash value so don’t expect huge moves without catalyst. But @3c cash value post sale it seems good buying now.
    trouble with these news days is the supply came out and sold to traders. Seems like those that got trapped at 3c with short horizons are gone now.
    the next question is where to find the buyers to reprice it back to fairs?
 
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