Another fantastic buying opportunity in NEN upon opening this morning. POO is volatile but with some exciting drilling to happen shortly I couldn't help myself and had to increase my holding by 50% at a 33% discount to the price only a couple of weeks ago.
I love it when percentages work out this way. If the price drops from 45c to 30c that is a 33% drop. If it goes back from 30c to 45c that s 50% gain. that said, if the drill it find the oil under just one of the vietnam leases then we won't need to confuse ourselves with these small percentages like 50%.
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