$0.26 today we're looking at a +30% reduction in price since the release of the September quarterly.
With ten business days to go, what are we expecting to see in the upcoming quarterly? The price action doesn't speak positively, and the fact we'd need a nearly 50% increase to reach the price we were at in October (when I think most of us thought we were near enough to the bottom!) is also somewhat troubling for many long term holders who are probably sitting on 60% losses at these prices.
My main focus from this quarterly is production and consistent flow rates from Odin. Anything from Vali-2 is a bonus. We need some cash flow, and some future optimism as I'm hoping that the downside is already priced in and if VEN can illustrate positive cash flow then the price will follow.
VEN Price at posting:
2.6¢ Sentiment: Hold Disclosure: Held
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