CND 2.94% 3.3¢ condor energy limited

re: re:only rumours down she goes Rumours weren't denied - BKP...

  1. 697 Posts.
    re: re:only rumours down she goes Rumours weren't denied - BKP said lots of organisations have been looking at their data room and they actively seeking partners to farm in to Mali leases.

    My opinion - rise over over last couple of days (15% of shares available on market changed hands) looks more like an accumulation by an insto rather than a rumour about another farm in - they already have Woodside/Chinese/Roc on board. And they have been presenting to brokers. Guess someone wanted a decent stake in Baraka's future.
    Price hasn't really retreated - time will tell if it holds around high 20's/30c.
 
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