ITC 0.00% 8.2¢ impress energy limited

PC43,1. Still to be sorted. Delays.2. 30 days??????????????3....

  1. 559 Posts.
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    PC43,
    1. Still to be sorted. Delays.
    2. 30 days??????????????
    3. Gunna be a wait.
    General comments.
    Its a buyers market in the abstance of news.
    Sellers are taking trades of the bidders as in the last 500,000 at 5 cents today. In Matchouts at end of day auction trade I am seeing sellers in control trying to reduce or increase amount they wish to sell at a .01c premium
    VPE has almost always been optimistic re time frame re oilwells to be drilled. I am sure nothing has changed for the next 2 months. Nothing.?????
    I am also sure that Santos and Beach and Origin are going to continue drilling the Charo field. 7 etc. Next week Bpt will report on Charo 6 as cased for production maybe. This year they will have to talk re a common field. ?? Impress still have a overhang of the 3 cent rights issue sellers. I will be to a seller of some but not until the fundamental price value matches the traded price. ITC have 1150bopd with severe chokes and little water from Growler. I am a constrained buyer at 5 cents as what oil stock can you find that is cheaper on Fundamentals. 247
 
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