As can be seen by the figures below, weekly volumes have decreased substantially since the announcement of Woodside farming in to the Caterina Prospect, and with this a reduction in share price
I am of the opinion that this is about to change. With confirmed announcements of
1 FIRB approval of Petrobras investment into Artemis
2 Woodside signing off on the Caterina Prospect
This will create a snowball effect and re-start the upward momentum of the company
Date Open High Low Close Volume May 28, 2010 0.25 0.26 0.24 0.26 2,864,921 May 21, 2010 0.29 0.29 0.24 0.25 5,213,329 May 14, 2010 0.26 0.30 0.26 0.30 5,228,325 May 7, 2010 0.30 0.30 0.26 0.27 8,124,965 Apr 30, 2010 0.29 0.32 0.28 0.30 23,334,891 Apr 23, 2010 0.27 0.29 0.26 0.29 11,123,131 Apr 16, 2010 0.24 0.27 0.24 0.26 17,342,268 Apr 9, 2010 0.22 0.24 0.22 0.23 1,322,106 Apr 1, 2010 0.21 0.22 0.21 0.22 1,750,474
CUE Price at posting:
25.0¢ Sentiment: LT Buy Disclosure: Held
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