TAP 0.00% 7.8¢ tap oil limited

heading south why, page-3

  1. 1,733 Posts.
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    I suspect weak qtrly but it has some good short term upside if it can mantain its current ( ie last well) success. Market is waiting for details of amulet and I guess when it could be brought into production. Short term I would not expect to see their shares sit below 2 dollars for too long as the company will probably be active in buyback. Unfortunately I had to sell out at 2.07/2.08 to fund Sydney house purchase ( house prices here are still too high in my opinion , tried to convince the wife to rent but she would not be in it ) I guess you need to be happy with a profit ( my average entry was about 1.85). Currently on my watch list for now. Still believe it could be good short term buy but am worried about qtrly impact on SP.
 
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