Hi GS , If you consider the 800k of shares on issue.
Take out over 400k for the top tiered holders of the stock and where the hick is the selling pressure. 1 or 2 mill of stock somedays. Thats about $100,000 turnover of a company valued at 42 million. I just don't get it. The charts mean nothing on such a low number of sellers. We don't have any major sellers. The buyers wait to steal . The current 1 mill at 5.4cents is a steal but apparently the roadshow has not gained any buyers yet who must have these ITC shares in there portfolio. That is a short term Negative I guess.
Re Charo Field, when does Santos give a update to the market. I DON"T believe the Bpt statement of 1200 is the current EXPECTED production including the last 3 wells. When are those last 3 sucessful wells expected to be added to BOPD from Charo Field. We Guess.
Anyhow your post adds balance to HC posts but I have yet to see any fundamental reason to not add to your holdings if and when you can 247
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