Will next week change the fate of ENV?..
From a weekly perspective no change, stayed at 0.8. Volumes have nearly dried up. Just over 7m shares traded for the week, just over 50k - so nothing much happening.
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So what is happening? Everyone waiting for results. New punters not wanting to risk, the spec market is very poor, to say the least. Those holding have come so far, they would like to play it out.
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Personally a small play for me in oppies and heads. I had forgotten I had some on buy at 0.4 oppies, it got hit this week. Also bought a small number of heads at 0.8. My head average now 1.1 and oppies 0.65, so down on both.
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So what may happen next week? We need the results. A big one. A good result I feel will still be good, but not game changer. But something spectacular could have a spectacular affect. Its possible. We need Lady Luck to be on our side as well, as goes with any drilling. I am hoping because our market is so low, downside is not much, but lets see. Will CODA deliver? Let's hope so. Enjoy your weekend and all the best.
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