Hi 88ers
I sold most of my shares in another oiler 2 weeks ago and bought 88 for 5.2c so I am rapt with a 25% gain so far, I love the enthusiasm you guys have but some of the SP guesses post flow rates are just fanciful in this low poo environment. If poo was $70pb then thoughts of 30c + is certainly achievable however we are $46pb and going south.
So that said I will put my two bobs worth in,
a) 190bpd
b) Sp = 16c spike
c)Sp to drift back to 8c and settle.
I thought I would also estimate the SP just prior to flow rate ann= Sp 11c.
With such grandiose estimations coming out, disappointment is bound to be felt, my strategy is to sell 50% prior to announcement, sell the rest on day of ann, wait for it to settle and then buy back and hope for the T/O.
GLTA, AIMHO.
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Price($) | Vol. | No. |
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