I am a newbie to shares really though have been a holder in GBP for some 2 months or so - the news of spudding is just about getting the SP back to where I bought at.... If the well turns out to be a duster (lets hope not) in your experience what would you expect the SP to go to - 14c ish or worse?
Conversely if they hit what they are looking for has anyone any thouights on LT SP? Is $1 - $2 unreasonable?
Just want to know whether I should be looking at Lamborghini brochures or continue eying up a Daihatsu Charade on ebay LOL!
Would value some poeple's thoughts though I have done a fair bot of research and think the position is good but with medium risk for the short term.
Yours,
The New Boy ;-)
GBP Price at posting:
26.0¢ Sentiment: Hold Disclosure: Held