TTE - Titan Energy

A bit late, but an interesting one - compelling announcement today - dyor

 

I bought TTEOA (expiry Oct 2015) today @ 0.004 - got to be worth a small punt

 

nice one, i left it too late but might get in tomorrow depending on how it pans out on opening

 

The options are up 50% on yesterday's price - glad I bought - I didn't want to chase the stock itself so figured a couple of grand in to the options was smarter move - it paid off - hanging on to these given there's a lot more news to come

 

Interesting to see how the market values the stock after the announcement. Nice catch.

Looking at the December half year report though there are a lot of options on offer, which makes the ordinary shares situation require lots of analysis before jumping in.

 

+1 on the TTEOA - I bought a few at open.

 

Good call - at these prices for the options it's not like I'm going to lose my shirt if it all goes down the pan - and each tick up increases my profit by 50% right now

As you can see, options were up 50% today - by contrast the stock itself was up only 12%-ish

 

Options up another chunk today - topped up

 

Sold TTOE took profit and flipped into MPJ

 

Some great flow results from the Allen Dome released today and still to be had a good price.

 

Looking very nice, current flow rate of around 350 bopd choked back to 250 due to storage restrictions ( + gas as well) giving an income of around $8 million U/S a year. And this from just one well from a very small section of one level, -17 feet from 69 and the main target still to be tapped. Should soon be producing 1000 bopd and plenty more to come.