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14/12/18
09:35
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Originally posted by agentm
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just thinking about FOMO catalysts
The singapore court case FOMO - imho not impacting at all, and the market has factored $0 on that topic. Most antagonists feel there will be no outcome on that what so ever..
Alvares FOMO - with the operator cash calling and partners reacting, there has always been early entry into speculation wildcat wells in the junior oil section.. with the works about to commence shortly on the Alvares well. and it does not fit the traditional wildcat profile, as the operator on the well previously completed a successful DST on alvares and achieved good flow of gas... so its already a gas discovery, no date set for operations but assume first quarter 2019 for things to start.. market is not really factoring in the value of the ops there... $0 FOMO value to the share imho
New Acquisitions FOMO - again $0 is given to any likelihood of any acquisition taking place.. despite the very impressive impact of the Sunset deal that was passed over, then the subsequent and staggering value lost on the sansinena deal ... there is no obvious FOMO in that region demonstrated..
yawn
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well - somebody really needed their $4.5k yesterday and cost the market cap a full 1/4 of it's worth. So far nobody new is looking at this. Will take the Alvares schedule to be announced (soon) to get new buying volume.