RE: Paying over the ask tick up soon..1 Oct 2021 11:05
If the flow rates were below average THEN THEY WIULD NOT HAVE STARTED PEEPARATION FOR SECOND WELL!
Read the news again and watch the video.
Obviously there are some “bed wetters”, who want to get out and can nog take risk?
Or they are over exposed??
Or someone want to keep SP low??
Or maybe member of concert party?
But whoever is selling will be kicking themselves!
Why?? Because our mcap is low and sp might not go much lower,even if the WR1B is unsuccessful.
Because current mcap is only based on our current production and our producing asset!
If we produce from WR1B. It will increase our mcap,if failed then minimum effect on the SP.
Of course it might dip a bit because of bed wetters,but it will be back to these levels!
And that is the reason people who have done enough research are sitting and holding shares with patience.