I think lots of people chase short term momentum so they hop on a rising share for a few days then jump off and try and get on board some other share. There will always be variance.
I think when the company lost the eyasi block 6 months ago that sent the sp down 20% which is about where we are now.
So the key to getting it back up is actual good news events.
E.g
1. Positive seismic results at 12b and drill.
2. Positive seismic results at Kito prospect and drill.
3.New exploration block awarded in TZ, Zambia, Malawi or Moz.
Any single one of those three events should see the sp back to 38.
Two or more of them happening and then who knows..... may run much much more.
Just my opinion.
SWE Price at posting:
24.5¢ Sentiment: Buy Disclosure: Held