'Cos it is: SP=Mkt Cap / No.Shares = £281m / 981m = 28.7p SP (ie Mkt Cap) will continue to oscillate around that price dependant upon - Player's Algorithms - Snippets of Good/Bad news (payments confirmed, production fluctuations, - Small ripples in Oil Price/Production - Gossip & Rumours What will Initiate a Quantum Change ? - Bidding (won't happen until PoO takes off significantly - or it would have by now) - A significant change in the CPR status - World events related to OPEC Members - Govt/Host Interventions - Increasing Production Significantly (we can't afford to - the 'Catch 22' scenario) Any other ideas on this guys?
Thanks KK, must admit the reading of charts is something I have yet to get to grips with. Had been planning to but finding the time, etc. Obviously a positive CPR could see us break 37p and then happy days ahead (I hope).
brave over next fifteen to twenty days, imo... as I think we know, the worst case down side scenario, but, the upside potential, is to say the least, a much better bet? Still 48 hours or so, until off with Val's head lol:)
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