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Trading strategies / Bought ASX.ROG @ $0.013 on Fri 2010-06-25
« Last post by Ian on June 25, 2010, 12:06:39 PM »Bought ASX.ROG @ $0.013 on Fri 2010-06-25
Reasons:
Profile:
http://au.finance.yahoo.com/q/apr?s=ROG.AX
Red Sky Energy Limited (ROG) is an oil and gas exploration company established to acquire, explore, assess and exploit oil and gas deposits in prospective tenements across Australia. ROG has first option and right to use its technology, Sky Hunter Airborne Geochemical Microseep Survey Technology (GMS), within onshore Australia for an 18-month period, which will focus on the Cooper, Carnarvon and Darling basins.
Reasons:
- Reducing loss down to $0.01 per share
- Price appoaching 12 year low, ful ASX listing low
- assets value = $0.02 per share
Profile:
http://au.finance.yahoo.com/q/apr?s=ROG.AX
Red Sky Energy Limited (ROG) is an oil and gas exploration company established to acquire, explore, assess and exploit oil and gas deposits in prospective tenements across Australia. ROG has first option and right to use its technology, Sky Hunter Airborne Geochemical Microseep Survey Technology (GMS), within onshore Australia for an 18-month period, which will focus on the Cooper, Carnarvon and Darling basins.