FRR Stream Log

bid-ask up...

TA: we may see a buying pressure in the coming days

Risk. oil drillingThe question is everyone has to ask themselves is if the weakness in the oil price is extended in the future for a long period of time will or will not deter future partners in the farming out with FRR as the oil drilling and extraction may not be economically interesting any more.

The sp is down due in part from the fall in oil price currently @78USD ie anticipation for the 4th quarter and next year a fall in OIL revenue!

looks like another week to wait...MM still has a few shs to offload from the recent placing!

spread is up

if 0.96 is broken with a decent volume we may see 1.02 for the top

the bid-ask has moved up as predicted after the listing of new shs, now comes the real fun??

indeed 6m buys... since 12 days buys outweigh sells

bit of price action after close today