Sold out about a year ago when WDS started to drag their feet. I figured as much.
Been watching intently from the sidelines.
Just pulled the trigger to re enter. IMO if the seismic was bad the selling would have been sharp and fast a while ago.
Normal practice for a major to farm in at the last second. Take as much risk out of the equation as possible - that's what the big boys are paid to do over at WDS, absolutely no reason to rush. Although not Oil & Gas I just saw the same thing play out over at CLE in the final day of the farm in period & it was a positive outcome.
Happy to take the educated punt at 0.014.
Good to be back. All the best.
PCL Price at posting:
1.4¢ Sentiment: Buy Disclosure: Held
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