BW777 in my opinion is a pure valuation play right now. Still cheap as chips for the assets it holds. It’s still very undervalued and the appetite for risk is growing.
i’d just like to highlight the fact that alien did aquire new land not that long ago from mallina. alien need to go through the same process for this land as they did for the ‘han**** tenement’. so all the flora fauna studies etc. not a 5 minute job me thinks.
Technically the chart says we touched 0.2 so I’m staying. 😊 todays wick is a sign of where we’re heading and could potentially prevent a gap should an RNS land tomorrow.
I’d rather NO NEWS until we are consolidating at the 0.2 mark for a decent amount of time.