XAO 0.89% 8,206.1 all ordinaries

Short Term Trading Week Starting: 9 July, page-87

  1. 6,674 Posts.
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    STTCOMP FPL, TA LONG
    Fremont Petroleum - Oil and Gas
    MC $6m
    Cash 409k + $518k SPP

    Gone through an eight month accumulation / bottoming out.
    Recent results sees some volume coming to start the SP rising.
    Breaking through resistance of 0.01 would see the next target at 0.015.
    Due shortly is a Reserves and Resources Report; and the finalization of Gas Sales Negotiations.
    Either of these could be the catalyst for a re-rate.

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