I have now converted all my options and expect SP to break 4 cents soon. The fundamentals remain very strong and I remain bullish on the oil price.
If the SP goes the other way I will buy more.
This is a well managed company with good assets with great potential which were acquired at bargain basement prices.
More importantly we do not have all our eggs in one basket and have a number of alternatives to unlocking these assets.
As a speculative play it continues to tick all my boxes.
But you have to be prepared to hold for the longer term, take some profits on the highs and reinvest on the lows I.O.W. be a trader and not merely a passive holder.
And always try to remember that there are only two types of share traders
1. Those who cannot forecast share prices
2. Those who do not know they cannot forecast share prices.
Hang in there, we shall overcome.
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Last
0.2¢ |
Change
0.001(33.3%) |
Mkt cap ! $57.86M |
Open | High | Low | Value | Volume |
0.2¢ | 0.3¢ | 0.2¢ | $278.5K | 138.1M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
548 | 1440833224 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 567838890 | 232 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
545 | 1418793843 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 547838890 | 231 |
0.004 | 175042861 | 107 |
0.005 | 59696711 | 50 |
0.006 | 36001656 | 34 |
0.007 | 35703442 | 20 |
Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
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