IMP imperial corporation limited

Imp will move one way for the other when the drill results start...

  1. 3,603 Posts.
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    Imp will move one way for the other when the drill results start coming in, its now too close to that time I think for there to be significant movement. Punters might as well start top see if they are able to continue to drill and hook up these next 15 in quick succession.

    However I suggest you do more research into this stock I suspect this will be unlikely to move radically fast, more a slow increase as these low cost, low risk modest return wells keep being hooked up.

    Some of the others you mentioned are higher risk and drilling for the mother load in a single play - much more likely to be highly volatile Imp is less likely to trade that dramatically (unless of course they announce a aquisition that the market likes the look of, which is also likely given they have the finance in place, but its hard to predict when that will happen)

    Dazzler


 
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