RE: 15p today30 Oct 2019 18:34
true scooby - I originally bought this at 2.90p in january, added during the year and then sold the lot at 15.66p. I waited until we saw a good retracement and reopened a position. I hold far more than I did first time and at less than half the price I sold out at.
They are delivering on their stated objectives - at least the ones they have control over . They have no control over what the well geology is and decides to do, so we take what comes there in my view.
This latest surge has seen profit takers from lower down, a number of players who bought at these levels on the way down, selling just to get their money back and others accepting smaller losses just out of fear.
Decent churn of shares under way and new holders moving in, as the stock has achieved a greater fundamental strength today, that being the gas agreement - this was a key component of the whole business model - without it, we would be dead in the water - the signficance of the bago agreement should not be underestimated by holders, even if it is by the market as a whole.