I know the China deals flow thick and fast on the ASX... but for CNOOC to pump $50m into EXE, given where they are at in regards to their leases, and at a premium to market price... wow.
You are going to see some serious (read record) volume turnover tomorrow, we will see new all time highs no doubt about that.
In fact the impact of this deal will probably see money spill into similar capped CSG plays on the ASX..
Merry Xmas EXE stock holders.
EXE Price at posting:
29.0¢ Sentiment: Buy Disclosure: Held
