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Jadestone Energy plc (JSE.L)
LSE - LSE Delayed price. Currency in GBp
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As of 05:32PM BST. Market open.
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This thing is so dead, I wish it would do something other than go down. Ugh
Obviously do your due diligence on this one guys, but take the Q1 2018 results as a buying opportunity. The company suffered from monsoon season + a problem with some couplers that reduced production. They also had some non-recurring expenses that will be rectified by Q2. The fact that this stock keeps hitting its support level of 0.50/share is good news. When we see Q2 results in August expect this thing to push back up above 60 cents. Regardless of the price of Brent Crude, their production costs are so low it doesn't play a huge role. They also hedged 40% of their business just in case. With Infill drilling coming in Q4 to reduce their production cost from $39/barrel to $29 or less it is hard to imagine negative results later this year.
WOW traded a whole 10K shares. Outstanding Jadestone keep up he good work!!!!!!
Yahoo Finance Insights
JSE.L is up 5.09% to $38.78
expect a big quarter from these guys
This company looks like it has a bright future. Anyone else following Jadestone?
Anyone still checking this stock?
lets go JSE!
@Pickle I hope you didnt sell! Almost there...
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