There isn't much point coming on and spouting drivel. Hawk have hit a duster . End of story. Its always a bummer when you get it wrong and buy too soon. Have a good weekend..
Speaking to my broker earlier. Have placed a buy order at 270p. He was surprised that it wasn't hit this afternoon. He doesn't reckon the papers will do this any justice over the weekend. I know you dont want to hear this but you did ask. g.l.
The last two months rise could be largely as a result of the anticipation of this well ! This may have found its new level and wont move greatly until the next well is realised?
This appears to be the stumbling block at the moment. . "This is not bread and butter for Reliance, but it is for Hardy," said Arun Kejriwal, a strategist at research firm KRIS.
Not deramping, but has the recent rise been wholely attributable to this well ? Am i right in saying they are going to drill another 3 wells in connection with this one? If the next turns out to be a duster where does that leave the sp?
and 23p to sell. The spread is'nt quite as bad as shown on the srceen. This is a slow mover but everything seems in place for a recovery and as mentioned the outside possibility of a takeover. This is now a cheap company which appears to be making cash again and repaying its debt. Fingers crossed for this one..