VPE 0.00% 41.5¢ victoria petroleum nl

fibonacci retrace 61.8% sp fall to $0.41 , page-36

  1. 547 Posts.
    completely correct PK9. Tui they were touting the potential for the sp to be $2 back then and that was when the sp was sub 3c pre consolidation... They were not giving that figure based on a 10:1 consolidation, so to be fair Tui I probably should have said they were touting a $20 sp all things being equal!!!!

    Actually now that I think about it the presos were allways a bit vauge, they never stated explicitly whether the dollar values (per share) they were putting on various wells, was a life of well figure, or "the sp should increase this much if it comes off" type figures.... anyway either way they were very misleading ;)

    Tony.
 
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