BYE 0.00% 5.4¢ byron energy limited

I think if you owned 2% of the stock you would say that !Don't...

  1. 97 Posts.
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    I think if you owned 2% of the stock you would say that !

    Don't ask a barber if you need a haircut

    But I think the lack of movement in BYE share price is because the market is taking a "I'll believe it when i see it" approach to BYE's future prospects. (1) Finding oil, (2) getting it out of the ground, at (3) good commercial flow rates.. is not straightforward as we have seen over last 12-18 months on a couple of BYE's drills, things can go wrong at any stage of the process.

    Next major drilling news will be March/April I think so I expect price to go sideways till then

    BYE is one to tuck away in the bottom drawer for 2 years and come back then.. will be worth more (hopefully a lot more), just need patience
 
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Currently unlisted public company.

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