RE: No 4th drill?27 Nov 2019 20:24
"At the moment the markets are like the wild Wild West, totally ignoring the previous discovery and already pricing this as a duster when testing is still ongoing...ride through or just sell if it’s too much to take!"
I totally agree with you Latino, I think the current sp is THE perfect Christmas gift for new holders, the market considered Liberator as a duster, hence the Mcap lost over 50% of its value. If the company releases a positive or ok-ish RNS/wireline logging result then the sp will shoot high above 30p within minutes, similar to the sp spike we had within 4 minutes before closing two days ago, if the RNS wasnt good then I really cant see the sp drop much below the current sp, if it settles around 14/15p which is around 20% drop from this level then traders can double down on their position to break even on a technical bounce or some sp recovery.
i3e is really oversold at this level so imo its worth the risk. I bought some shares today at 18.25 and happy to hold my position for easy 50% profit from here (at least) in a couple of days if we get good news or to double down later if needed.