RE: Re Plug it.6 Dec 2022 11:52
"sorry Noel, 3.5 p on a gas discovery ?" - yes.
If it had held on to 4p, then it would jump to 6p on good news, but from this level 3.5p is the best we can hope for.
However, as you know, on good news, there is often a very sharp but short lived spike. It might hit 5p but will quickly drop back to 3.5p. You will need to act quickly to catch the top of the spike.
"Try multiplying that by 4" - again we see the unrealistic expectations that lead to the sort of disappointment The Hot Ticket is experiencing. BadA is one of the worst culprits for that sort of thing, or should I say "victim".