Guys, it’s very obvious that a buyer has a plan to purchase large amounts of shares, including the CR I suggest and is delivering sell tranches to lower the price, creating fear amongst investors. I’ve seen this hundreds of times in many stocks and it will signal a very powerful uptrend when the investor has their wheelbarrow filled. I’d say we are getting close to that point.
I liken this stock to another I hold, where it was held back for many months and was $2.60, now trading around $8.50.
Gas is king and that’s why I see this share taking a massive re-rate soon. The CR was done to effectively show the hands of STO and this was a solid move in my book. Patience is key here and buying more shares now will pay dividends in 2023.
We are in the dentist chair getting drilled, needled, etc but the clean, strong teeth will be shining soon I believe. Hold tight team as I believe we aren’t too far off some strong news flow to reward our patience. Management are playing with their cards close to their chest and I’d be certain they are speaking with multiple parties.
COI Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held
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