Serenity and mcap21 Jun 2022 13:53
Consider the fact Egdon are circa same mcap as EOG, because of wressle, who knows.
The serenity drill wasn’t in the portfolio a few months ago.
The sp is holding its own, it isn’t too shabby with a 22m mcap.
I’m imagining a few scenarios leading up to and including drill results and SP outcomes.
1. Oil and lots of it, sp will go ballistic.
2. Sp will rise leading up to drill.
4. Where will price settle if it’s a duster, back to where we are now after hopeful rise into drill.
5. If a duster, I’m gambling mcap will settle around mcap of EDR after initial drop.
I think current holders have a free shot at big profits for Serenity drill at todays price. I’m hoping as the drill gets closer we also have a few more investors onboard.