Oils down so logic is just that the SP is reflecting this. However of course we are waiting on that oil flowing news.....delayed a little already, how are they going now?
I got stopped out at .59 the other day as capital is precious to me at the moment. Not sure if i'm happy about it or not? I've got a buy in for a few now lower hopping for maybe one more silly drop in price.
Is there any chance they'd raise some cash on the back of the expected good news becoming a producer again. Not that much in the bank and borrowings to boot, i hope not but just a thought. You see the SP drop all the time leading to this sort of announcement by those in the know, getting out beforehand.
All just speculation on my part. If good news is released i will be cursing getting out and will just have to pay more to get back in. Good luck to all.
TAP Price at posting:
59.0¢ Sentiment: Hold Disclosure: Not Held