i don't think sp will drop any further. in fact i think it's been over sold over last 3 days on a low volume. 15c (19%) for the heads and 14c (25%) for the oppies drop on a 10.5m and 1.6m volume. we didn't experience this much retrace when they were casing and stopped drilling over 2 weeks. imo, sp will remain at around 60~67 in an anticipation of the release of the wireline log and the pipe recovery process report.
holding tight and even topped up a little today. all the best for the holders.
GDN Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held