CND 0.00% 2.8¢ condor energy limited

Cant believe the SP action here. i’ve been watching this one for...

  1. 4,940 Posts.
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    Cant believe the SP action here. i’ve been watching this one for months and accumulated along the way. Waited patiently when the SP was stupidly high as suspected a dump from those who got in at 1.6 or with free oppies and started to accumulate heads in mid 2’s and oppies in low 1’s. Could have sold a few times on the small pumps but just held. Thought all the selling from CR was done by now and hence don’t understand current sell off.

    All I can think is instos who were still holding from CR were planning to sell in run up to spud as FOMO kicked in but for some reason it hasn’t and the last few are dumping regardless at profit to free carry.

    Frustrating as have had capital tied up here for ages and could have bought in market today below my average on both heads and oppies...did snag a few more oppies at 1c tho.

    it’s a funny old market isn’t it!
    Last edited by Sk1nman: 24/05/22
 
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