Yeh it stinks! Somebody knows somethin' .... Only one 000k trade pushing it up to 6.5. but that person appears to be accumulating on something they are aware of. The graph will attract more speculators. I bought in to IPO because of track record of the directors who ran Bow Energy. They are switched on. I made a lot of money out of Bow then lost it all on UIL! Maybe Beach will farm in and we get some drilling happening. Also - could be some good news coming about Fraccing in WA. Hopefully bloody Labor Govt will see sense. Re UIL trend - there is more to it than just the bullish views of the sector.
"The Independent Scientific Panel Inquiry into Hydraulic Fracture Stimulation in Western Australia handed its report to the Western Australian Government on 12 September 2018. The report is to be made public once the Western Australian Government has considered its findings and recommendations".
"Joint venture discussions and technical reviews of UIL Energy’s portfolio have continued during the quarter by a number of interested parties."
C'mon Stefani bring it on! We know you have it in you! Screaming buy.
UIL Price at posting:
6.5¢ Sentiment: Buy Disclosure: Held
