Are you in UK oilfarmer? I too remember the golden days of investing in AIM market. My worst nightmare was to get in GKP at 5.5p for a 150% profit, to see its share price within 12 months to go all the way to 400p. What opportunities during credit crunch 2009.
On IVZ, we had one day candle close at 17c, matching previous resistance and then another recent close at 18.5c. I think to get to spud day at higher levels, we would need a weekly candle close above the 17c. Lots of news flow coming in relatively short time frame, especially with good core analyses results, I like to think that IVZ sp will be above 20c during drilling, which is also just below my breakeven average.
IVZ Price at posting:
16.0¢ Sentiment: Buy Disclosure: Held
