RE: What’s your opinion25 Sep 2019 21:00
Hi InterestKing,
Thanks for the info.
I only hold just under 200,000 shares, so you can see how small fry I am, and brought them at a lot higher price than they are now.
The thing about selling half now, like specialist recommended, is the loss would be far greater if the price shot up, than keeping hold of them during a huge dilution.
This is only my second oil play (Rockhopper being my first), even though the money invested is money I can afford to lose, I’m trying to make the best of it and figure out when the best time to sell is for each of the scenarios.
Also what happens after the drill the first well, is it worth holding on for the possible second well or sell and reinvest in the second well separately.
And if they get brought out as you think that means holding on even longer.
So many questions, so many thoughts, but thanks for your input, I know nothing is concrete until it happens.