ROG 0.00% 0.4¢ red sky energy limited.

chart breakout, page-36

  1. 3,014 Posts.
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    Next resistance and support level of 3.0c should be tested in coming days.

    Next resistance level after that is 3.5 , if she breaks through 3.5 it could get interesting considering that 39-40% of the company's shares are held by the top 20 shareholders ( see financial statements) and last year's issue to "sophisticated" investors was around this price.

    I don't imagine that they would want to become "unsophisticated" investors by selling below their purchase price.

    We saw last year how quickly the SP can react when it shot to over 6 c in a very short time on CTP farm in ann.

    This time we are drilling our own tenement for gas in known gas country.

    Let's hope the story sticks to the script.

    I hold ROG and ROGOA .

    Cheers and good luck to all holders.
 
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