Alas, but the rule is buy on rumour, sell on fact.
If we don't see a build up to the Fracing results, i fear we won't see a re-rate at all.
Now, we probably would be building nicely leading up to the Frac but as per the last 1.5 years, any strength in the stock is met we equal and subsequently greater resistance.
I mean the share price is down 0.001 cent after 6 days trading and volume close to 40 million. Just how much of this cheap stock will we endure before the building commences.
Only 9 days till results, 2 days till fracing starts. Gotta move soon.
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