I am giving more significance to 381, which was the low in August (before the top) and was successfully tested in November.
We seem again to have bounced off it today, although too early to be sure.
On the fundamentals, I am not sure reserve boosts are doing as much anymore for csg stocks, esp not at the 3P level. Market want to see the LNG projects shape up and/or other revenue streams imho.
Looking cheap atm imho, but then I am cashless atm.
EL
PS The wicked witch has taken a fortnights holiday.
AOE Price at posting:
$3.86 Sentiment: LT Buy Disclosure: Held
