Thanks for your reply, and the information. I was certain you would have the data. "It did really kickstart the entire Kenya offshore exploration however ..." I thought other companies had recently drilled in the general area (2011-2012), with success, and that there was a very high expectation of success for PCL as well. Hence the large increase in share price leading up to the drilling. Very similar to the situation now with PCL. Let's hope for a better outcome
On the valuation graph I like the 5/5 outcome. 5 billion barrels at $USD5 - the Porsche get stuffed and its Lambo time
"Below the rather polished surface of trading/investing; there is a real murky mess of strategies that favour bigmoney and instututional investors to scalp money from retail" I 100% agree. It's a disgrace the advantage given to insto's over smaller retail.
PCL Price at posting:
2.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)