yes callent, hard to tell but back in the day when MEO was trading at .13 and the market reacted to MEO's Artemis play lying being between Chevron and Woodside's fields was enough to see it rocket to .80 simply because "it was there".
I'm hoping the recent restructuring of ownership interests has really put Tassie Shoal on the radar for the same reasons.
Hard to explain these volume spikes, could be a leadup to spud, a pending announcement as you say or just the market doing it's thing.
Sellers have come in @ .415 and .41 during the course of the day and a buildup of buyers @ .39 so a small retrace may be on the cards.
Spud alone should see an uptrend but inevitably there will be some selling along the way. ahpigsy made a good point yesterday, it has come up from .32-.34 without any real backward step so at .40-.415 there is anything from 18-29% to be made,
here comes an ann as i write. Regulatory approval received.
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