CXY 0.00% 0.3¢ cougar energy limited

Hi PagoMy short comment is - 'Meh'.Not really worth taking...

  1. 1,944 Posts.
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    Hi Pago

    My short comment is - 'Meh'.

    Not really worth taking notice of on low to miniscule volume. Bots and traders will play their games in attempt to shake the tree.

    Simply the CR tranches were at 0.004 and 0.005, so I don't expect substantial movement either way until some news is generated for such. At present on can pick up some dribs and drabs at 0.004 or a certain chunk at 0.005

    Speculatively speaking, the main reason I'm keeping an eye on the SP is that IMO three out of the four possible announcements due in the future one could speculate that may be possible partial public access information.

    1. Supreme Court matter
    2. Planning and Environment Court Matter
    3. Qld Gov UCG Policy
    4. Maiden JORC for MacKenzie


    As far as I'm aware, the two Court matters are NOT being held 'In Camera'.

    Whilst an actual Policy and details would be 'Officially' released/announced, one could speculate that knowledge of an impending release may not be as tightly held. Not to say that it wouldn't be, as I said, just something to speculate about.




 
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