BAS 1.61% 6.3¢ bass oil limited

General discussion thread, page-46

  1. 27,853 Posts.
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    3 day runs, usually day 3 is the consolidation day, to set up for the next leg to play out.

    Again, that is a matter of train schedules and more punters wanting to position for the news events ahead.
    Looking at the MC, you take a bet that it will go from 50m mc (19c) to 100+ on a bet towards 100-200-400+.

    And that bet can take days, weeks, month or so. So you look at the price catalysts that new flow will alert the market further, as well as word of mouth, and broker discussion.

    Worrior development + BOPD
    Kiwi Development economics
    Commercialisation strategy PEL 182.

    And of those rumblings from the mountain, should see smoke and fire start to erupt.
    A circa 50m mc entry for todays stake holders is a decent bet on the scales of lady justice.
 
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