XCD 0.00% 1.1¢ xcd energy limited

I don't think there is any agenda, I just think some holders are...

  1. 364 Posts.
    I don't think there is any agenda, I just think some holders are bored with lack of production and delays to drilling in circumstances where expectation were ramped too high on the placements (management handled this badly), other shares are rising and the lay of the land allows drilling during winter, unlike Green River.

    Increase in resource assessment in the absence of decent production will do nothing for the share price IMO and dropping gas prices due to oversupply will dampen enthusiasm on Gulf drill program outcomes.

    IMO bots have been used to hold the price in the past, but they can't cope with a few quick dumps.
 
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