Insaf it seems this is slightly different to the lead up to fan 1 results. If this is positive news its likely we can assume it is oil samples discovered, similar to the trading holt and ann back in august which boasted fan 1 had traces of oil in drilling. Sentiment after that announcement was good as people began to assume there was a good chance of a find, hence the sizable increase leading up to the announcement that oil was discovered. Previous to that first announcment, the sp had only slightly risen. So as you can see its not really appropriate to compare the market before this announcement to the fan 1 oil discovery ann. In addition the cr did not help and one could argue the price was drive down for accumulation. Who knows, will find out soon enough. DYOR. GLTA.
Trading Halt on SEN-1, page-172
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48.5¢ |
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Mkt cap ! $44.81M | |||
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| Price($) | Vol. | No. |
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