tui et al i have just read this thread to see if anyone mentioned a little sentence i have just read in today afr
in it it quotes bg saying in the uk that their qld lng plant will make good money at $26 per barrel - now that figure may be glossed up a bit and they have some first mover advantage and they have great leases but it is still quite a revealing statement
I have been toning down my excitement for the sector in the last six months or so - I will stay toned down compared to the heady days, but i will be attuned to further opportunities - i still have a small interest in arrow ( also via nhc and sol patts ), but have more in mpo and wcl - might have to revisit bow - also have org and sto.
i note some talk of charts, - e.l. i remember a post of yours that said you cant take any notice of charts for csg stocks - i think arrows moves is just another example - ( i admit to selling a few at 3.70 just recently which was a blue )
- I am sure the market was illinformed as it is obvious the capital raising was common knowledge in the big end of town as the media is now full of the talk - that was probably the big mover of the price, and not neccessarily the "manipulation" referred to on the arrow thread on hotcopper
AOE Price at posting:
$5.03 Sentiment: Hold Disclosure: Held
