Club Mulgoa

Monday, September 17, 2012

TPT

I am right, in fact the share price has climbed 15% to 34.5c.  I expect that to be sustained at least for today.  Why does it take the news of new blood (into the boardroom) so long to filter through to investors is always puzzling, especially when it has been publicized by a few websites.

I first bought in 2010 December and has never topped it up until this month.  Why?  Because the share price has been rising and rising.  Now that it has fallen back a lot, it gave me a window to top up my holdings.  Like all O&G explorers, the success rate is very low but the hype is very pronounced.  The best time to trade is after a massive injection of funds by a JV partner.

0 Comments:

Post a Comment

<< Home