Yes but Kenny this stock was 4c a month or so ago so it already went up 250% in anticipation for the drill results. I am not worried though, I expect it to go north when independent results of FAN-1 are announced and during drill of SNE-1. Don't forget that a JV is due any moment for Kenya and I think the current results will have helped us negotiate a really good deal off Kenya.
I would also anticipate further 'unexpected' JV announcements off of Senegal with our existing partners.
The SP has retraced because people are taking profits and expect no significant news until we spud SNE-1 - I personnaly think there will be a lot more news in the coming weeks which is why i am not selling... and i am happy with the profit I made (Well technically haven't made as I haven't sold).
Ele.
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50.0¢ |
Change
-0.015(2.91%) |
Mkt cap ! $46.20M | |||
| Open | High | Low | Value | Volume |
| 52.5¢ | 52.5¢ | 50.0¢ | $45.91K | 88.73K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5993 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 5982 | 1 |
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| Last trade - 15.08pm 28/06/2024 (20 minute delay) ? |
| FAR (ASX) Chart |