i sold into the 1.5c line ithink there is too much pressure to get through in the short term, although its nice they have found oil i will wait on the sidelines for oil shows coming from the well. IF its like the neighbouring well that produced 300-400 BPD then game on.
I sold because my vested interest in BCC is potentially a better return in short term but i will be back.
Im just really busy at work now and i cant look at stocks or even post as much as i would like with the year end coming.
Kata i wish you did get on board BCC but oh well i hope cig works out looks like if it can break 2c you will see 5c we all deserve it finally good news and im out LOL thats what happens..... The floor has been set cant see it falling at all its just a matter of time before people read the ann and get onboard.
Be mindful (not a downramp) lots of shares traded at 1.4-1.5c plus the capital raising so could take a while to get higher than 2c as people take their money and run but eventually there will be more long term than short term holders.
The santos ann is the icing on the cake HO HO HO merry christmas
CIG Price at posting:
1.5¢ Sentiment: ST Buy Disclosure: Not Held
