COE 0.00% 18.0¢ cooper energy limited

Hi AutoMy 45c prediction got hit yesterday but only just.ST...

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    Hi Auto
    My 45c prediction got hit yesterday but only just.
    ST traders will sell/reduce ahead of Tumby results. I took some profits yesterday.
    Medium/longtermers might reduce a bit or sit on their hands given there's another 5 wells after Tumby.
    However, Tumby is the only single target amongst the six wells that is big enough to attract much trader interest in its own right.
    If its a duster then we might hover ~40c for the other smaller wells.
    A dip below 40c (if Tumby disappoints) would be a good re entry point.
    Success at Tumby should have us nudging 50c.
    Anyway, I'm still holding a few so having a bet each way.
 
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