FDM 0.00% 1.1¢ freedom oil and gas ltd

multi bagger this year, page-150

  1. 11,400 Posts.
    lightbulb Created with Sketch. 565
    Good post rob!

    In long term id say this company has a long way to go just based on the size of the reserves it has been rated anywhere between .98c (based on 13$ 1p and 5.2$ 2p reserves) to the $2 analysis using the same pricing as Lync energy.

    thats prior to Nash or Boling which are currently just speculative.

    It may have a short retrace or it could bounce up to mid 80's in a day. it has been so volatile even intra-day that you cant tell.

    this retrace was also most likely due to a bad day in the ASX causing some people to profit take.

    In the end, you're betting on what you think will happen based on the information provided. It's always a bet because you dont know how others are thinking.

 
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Currently unlisted public company.

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