Tracking

Friday, 8 June 2012

Victoria Oil and Gas

Yesterday I took advantage of a little movement in TSTR shares and sold some at a profit and then bought some more VOG shares. This significantly reduced my average sp and although I could have waited until Monday when the new shares hit the market, I have a feeling that the dilution is already priced in. For me, VOG is the share to have my money in as come the end of July, they should have money coming in from sale of gas. The situation on VOG is neatly summed up by ProactiveInvestors of Ausrtralia.
I still have shares in TSTR but they are dragging their feet in delivering an RNS. BMR has moved up a little of late and my experiment to sell and buy back at a lower price failed! Ah well you pay to learn!

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