Don't see any fundamentals reasons for this slide - quite the contrary given the oil price. Although worth noting that futures have not risen as much. A higher USD has also made the company more valuable AUD.
Just a lack of volume causing the slide IMO.
However, I'd like to see them moving faster!
There should be plenty of enough money in the bank + cash from production to pay for the next few holes.
So why wait???
- Forums
- ASX - By Stock
- FDM
- Operations update 18 May
Operations update 18 May, page-2
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FDM (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online