TPD 0.00% 21.0¢ talon energy ltd

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  1. 1,686 Posts.
    lightbulb Created with Sketch. 849
    did get knocked down a peg though...
    we were bouncing between 0.9 - 1c now its 0.8 - 0.9
    The Wayerling updates havent done too much for us in terms of SP re-rating...

    My trepidation at the moment is that there might be just too many outstanding options... my last count was 231 mln... this dump was around 30... so thats ~200 mln options to churn through before february. (incoming cleansing notice will tell us)

    Is there there enough interest in the gas industry (which isnt viewed all that positively in the media atm from what i can see. Unsustainable ecologically etc) to swing momentum overpower the downward trend of the option selling?

    This is why my sentiment has changed to HOLD from Buy.

    Im in it and patiently waiting... but maybe i have a bit of PTSD from XST which i lost 50% on (or therabouts)
 
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