So how did we do on the 7 day>20 day sma > 50 day after all the gyrations today??
It looked like it was buy on the news for a while, then sell, then buy, then sell, then buy, then sell sell sell. We did manage to reach our year high of 24 cents before the sell sell sell group got into full gear, but it was fun while it lasted!!
For the rest of the persistency group - this was excellent news as we now have 3 very big and well capitalized oil and gas experts on our side in three of the biggest potential plays - all in stable jurisdictions.
Next on the horizon will be some sort of approval to start exploration activities in the Karoo with Chevron.