This will be the 7th month in a row that the stock is down!
During that time the stock has fallen circa 50% yet crude has rallied 30%! Why?
We know they have oil. We know this is potentially a new oil basin yet it is the communication that is letting us down.
It is evident that change is about to happen with the new director being appointed and that should drive a turn around for the communication part.
As the saying goes “to be fearful when others are greedy and to be greedy only when others are fearful".
They have oil. Tick. We have a sector that has a lot of tailwinds to it. Tick. Stock is trading at discount to underlying metrics. Tick.
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This will be the 7th month in a row that the stock is down!...
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Open | High | Low | Value | Volume |
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Price($) | Vol. | No. |
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