Volume Up.It looks like volume is up today (almost by 2x so far), we need this to clean up all those tax loss sellers. The 52 week low moved from $4.00 to $4.07 and I believe we are going to see the 52 week low continue to move up.
Obviously there are no guarantees, however, with no debt, production behind pipe, and modest cap ex for 2023 we should see some improvement in share price in the new year.
I admit my frustration in share price performance this year, sometimes I have used this forum to vent. The thinking is that it is better to vent the emotions out through words, so that I can think logically about my position(s), rather then act on these emotions.
As investors we need to look forward, in so doing Kelt has the assets and balance sheet to provide outsized gains in 2023. Therefore, patience is required. Taking my own advice today, cheers Matthew
P.S. I appreciate the posters input on this board, it gets quiet here sometimes, and it is nice to have new information provided by the class