SYN 0.00% 0.1¢ synergia energy ltd

95c was related to a margin call, closed $1.29. recent...

  1. 5,609 Posts.
    95c was related to a margin call, closed $1.29. recent discounted valuation of $3.17. the stock closed straight back up. i consider that an excellent example of what happens to very fundamentally strong stocks that absorb silly sale orders like that.the same thing happened on the close with riversdale. The stock price and profile will only grow this year as these wells come in. I think the outlook is bad for opes prime. oex remains a screaming buy. pity i was not on the board to buy, but then again, who would expect some unlucky bloke to be dumped out like that. i think some other stocks can look forward to that on Monday. update on these 2 wells due on tuesday. i also expect to get individual news on these wells from next week onwards as we get oil imo. dyor.
 
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