@curiouswon, but a moment in time valuation means nothing to him unless he is selling. So it makes no sense unless we see a change of holding in the short term (which would create mayhem) as there will be plenty of events over the next months that create far greater price changing outcomes that him buying 100k worth. So no, that makes no sense and an intelligent guy like he would know that.
And the movement is not all because he bought. That helps, it was mereley that the update tells us that short term production is the priority. Many of the doomsdayes had convinced themselves and others the well was abondoned for years to come. We have heard first hand that is not the case and, moreso, his commentary wasnt about testing so much as it was about saying we want to produce near term. I think the message we can all read is that they know it is commercial. And his purchase was just another signal of that.
Hold back as you see fit buyers... but at some stage soon this will be much much higher - with or without zapato gushing oil
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Last
3.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $101.1M |
Open | High | Low | Value | Volume |
3.2¢ | 3.2¢ | 2.9¢ | $77.22K | 2.608M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 853243 | 3.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.1¢ | 169000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 853243 | 0.030 |
9 | 1533486 | 0.029 |
8 | 3683807 | 0.028 |
3 | 531370 | 0.027 |
5 | 787999 | 0.026 |
Price($) | Vol. | No. |
---|---|---|
0.031 | 169000 | 2 |
0.032 | 518232 | 4 |
0.033 | 1285000 | 4 |
0.034 | 114471 | 2 |
0.035 | 44957 | 2 |
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