RE: Why Is SP Down Yet Again ??14 Feb 2018 14:37
NO short term news on the horizon, a wait for the rig contract a wait for the drill process to start, other shares to get into with more immediate potential, the herd disappeared, the lack of revenue coming into the company, the fact they raised a load of money and it isn't clear what has happened with it, there are many reasons even more than what I have stated.
This is a share to come back to in a few months time. I have a belief it will hover around the �2 mark until then although if it drops below 150p I'll buy back as that seems a good buy in price underneath the support level.