KAR 2.81% $1.83 karoon energy ltd

Hi Bob and SandyI'm wondering if the short term money that shot...

  1. acc
    292 Posts.
    Hi Bob and Sandy

    I'm wondering if the short term money that shot out of the pressure cooker with the word 'inconclusive' last week is now holding back before piling back into the cauldron for the next round.

    Obviously, from the implosion last week, the pressure was ready to blow at any hint of disappointment that the projected $14-$15 (and beyond) wouldn't appear overnight - and even though the last announcement tried to reassure us that prospects were still good, the short-termers are now more skittish.

    I reckon at the first sniff of good news they'll pile back in and off we go again.

    And I think the sp holding at 760-770 today is pretty good considering the sea of red its floating in.

 
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