Few buyers of just about every spec at the moment.
Many will be sitting on cash until closer to drilling so they have the flexibility to bargain hunt if there should be a further share market plunge, and short-term traders won't move in until the well spuds.
There is likely to be time to get in for a big profit even after they hit oil given market malaise at the moment. If you take that approach then you are safe from the free-fall to 10c if the hole is a duster.
price pressure, page-5
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