SHE 28.6% 0.9¢ stonehorse energy limited

Ann: BRK: Jewell Well Development Funding Initiative Launched, page-10

  1. 829 Posts.
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    This is definitely one to accumulate whilst its still priced cheaply and just sit back and wait for the cashflows to speak for themselves - as mentioned the other week, 10 bags doesn't give them an outrageous market cap so if the assets are producing anything meaningful, then there should be a few multiples here at a minimum... Agree it would be nice if they could release some numbers for us... guess for now we are stuck with our imaginations.

    Oil and gas stocks often trade quite volatile, I like to just buy and hold for the big moves (today is barely a blip in market cap terms!). Always will be some supply around when a stock is up 60% in a day, but the top few holders own such a large percent that as more eyes catch this, it will become more and more of a scramble to pick up shares (evidenced by the larger buyer that started the move by wiping1.3 today).
 
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