Schrist it could possibly open at .008c whether it falls lower or not i guess its hard to tell. If there is no news for a while to shareholders then i would expect people selling this down. The pressure of disappointment will hit reality when and if .008c is breached especially for the ones who bought back in at 1.5c SPP who were probably waiting on Santos news in December then get sucked in like many to waiting on the extension of February.
Market will drive this where ever it thinks it should go regardless what i post or anyone else for that matter.
Short term there is a problem but still think there is positives of CIg owning 100% of permits and acquiring the seismic data for free!!!
Small find not big enough for santos is definitely big enough for a spec stock like CIG! Lets wait and see the plans
CIG Price at posting:
9.0¢ Sentiment: None Disclosure: Not Held
