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Message: Enegi Oil SP

Enegi Oil SP

posted on Dec 04, 2008 01:42AM

Just looked at the Enegi Oil SP. It's gone up just over 19% today, but there is no volume and no new nr. I have never understood the way the SP for this company goes up and down on zero volume. Perhaps the explanation is something to do with liquidity: the bid goes up and down but everyone is hanging on to their shares. So is this an indication that something interesting lies around the corner and it is pushing up the bid price? We better hope so because, as I and others have argued, good news from Garden Hill ought to have a knock on effect for CIVC.

Regards
Dunnock

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