MrGordon, I think you must get your data from a different spot to me - The TSX site indicates above average volume last night:
Pan Orient Energy Corp. (POE-V)
Last: Change: Volume: 3:59 PM ET
3.850 -0.200 (-4.94%) 121,375 April 01, 2009
Jordy, yes you're right in a way. The company hasn't choked back any wells, but they deliberately haven't drilled any production building wells while poo is low.
Well I'm out guys. Nothing to do with the company (although water cut of 15% was a nasty surprise), simply had to sell for personal reasons.
Hoping to re-enter again in 6 months or so, I imagine we'll be in the 50's by then :-)
new announcement, page-39
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Last
16.8¢ |
Change
-0.003(1.47%) |
Mkt cap ! $304.1M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.0¢ | 16.8¢ | $69.64K | 412.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1241677 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 1772124 | 16 |
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| CVN (ASX) Chart |