This is similar to MOG. It traded like 26c, found gas at Moby-1 then got shot down to 20c and then few days later it reached 48c intraday high. Peope didn't believe it was commerical find or something. I'm skeptical myself. It;s gas afterall not oil.
Same thing with STU with less than favourable ARWON results. Down to intra low of 85c, below it's intrinsic value imho.
The market is filled with irrational people.
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- do the figures - its worth double!!
EPE
enterprise energy limited
This is similar to MOG. It traded like 26c, found gas at Moby-1...
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