GBP 0.00% 2.5¢ global petroleum limited

make up your own mind on good news/bad news

  1. 90 Posts.
    From iii on TRP's share price behaviour

    Check out this graph

    http://www.mediafire.com/download.php?nh2zjaw2zt5

    It is the currency adjusted historical market capitilisation and share price history of TRP since their last campaign (both in USD and GBP). I have marked the points where the actual spudding took place and the announcements by the company.

    For those that were not invested last time it is best to notice the market caps have not really gone past the market cap peaks during the last campaign (no use comparing the share prices from the campaigns)

    What you will notice is that the fall off came pretty quickly after actually spudding, and kept dropping. This indicated that there was really nothing promising all the way down allowing a stabilisation in the share price.

    What we have now is a spud, fall (as expected) and a stabilisation and increase in market cap...

    Also couple this with recent observation of the volumes, the probability of being around TD and it seems things look promising enough they have seen something on the way down.

    What this points to is pretty obvious.. that something seems alot more promising than last time (or its all driven 100% by speculation) to allow this stabilisation and increase
 
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