ITC impress energy limited

three things at play

  1. 5,929 Posts.
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    Looking at this subjectively and the current sp action I feel there are 3 things at play.

    1. Staggers from the rights issue coupled with some traders.

    2. People selling with the view that Snatcher was a small success and so don;t see much upside.

    3. People buying for the bigger picture.

    It is this point (3) that I feel is being missed in the overall landscape. What we need now is investors who see this suddenly as a bigger play. We now potentially have 5 oilfields.

    Mirage
    Ventura
    Growler-Wirraway-Warhawk
    Snatcher
    Tigercat

    Has to look pretty good to suitirs now?
 
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