SEH 0.00% 25.0¢ sino gas & energy holdings limited

increased price target $0.54, page-19

  1. 534 Posts.
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    Money will come from reserves based funding from a bank.. And with a 168% increase in 2p reserves from last update there are plenty of reserves to lend against.

    This will be a material driver of the stock and with wells only costing $2m a pop they should have an extremely aggressive drill plan being readied for 2014.

    Classic accumulation tactics going on yesterday.. Trying to drive the price down to $0.205 so they could come in today and swoop up 5 million shares..
    Price has now hit a fresh 52 week high and I feel the buying has just started...
 
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