Congratulations dimma you have taken a brave stance and I will be praying for us all over the next few days. Even if Wardie turns out to be a complete dud, many now appear to agree that the stock is close to the bargain bin category.I am bamboozled by yesterdays trade and also by what transpired again today. I havn't seen such crazy trading in Yonks and it makes me amazed that despite constant selling and a weak buy side the floor remained around 50c. If they can't knock it below 50c surely the laws of gravity, say rebound not far away. Even if only a sniff of oil comes from Wardie all hell could still break loose as the shorts scramble. Imagine also if a follow up well is soon announced or another major stake holder emerges it would surely cause havoc in this oversold stock. For every sale today there was a genuine buyer. Tell me if there are any good theories about this one. Whist the mystery buyer of a couple of hundred thousand disappeared I went searching for a good drop and found a few old 1990 Yalumba Menzies. I will crack one tonight with the family in anticipation of the real celebrations that should commence officially next week. I am sure it won't be a dud and neither will Wardie
TDO Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
