hi,
Been watching posts here in HotCopper for weeks, but not posted yet. Can't help but get excited by QGC. Possible answers: (a) News yesterday 14/5 "...celebrates its first year as a major coal seam gas (CSG) producer....as a force to be reckoned with..." (see ASX announcement).
(b) Technical Chart features: Average daily Volume for last few days is about 100k to 200k; but on14/5 = 5.3 mill, and today 15/5 = 2 mill (ie. high volumes).
(c) Tech chart also shows Bollinger Band sudden expansion, and Parabolic SAR has turned under the SP.
So, the tech chart suggests positive. So, maybe there are big players jumping in (or someone about to take us for a ride?).
QGC
queensland gas company limited
