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Bullboard - Stock Discussion Forum Valeura Energy Inc T.VLE

Alternate Symbol(s):  VLERF

Valeura Energy Inc. is an upstream oil and gas company engaged in the production, development, and exploration of petroleum and natural gas in the Gulf of Thailand and the Thrace Basin of Turkiye. The Company holds an operating working interest in four shallow water offshore licenses in the Gulf of Thailand, which include G10/48 (Wassana field), B5/27 (Jasmine and Ban Yen fields), G1/48 (Manora... see more

TSX:VLE - Post Discussion

Valeura Energy Inc > Share price
View:
Post by wajac on Mar 30, 2023 1:28pm

Share price

Looks like the MMS are walking the share price down. Letting more investors in at this level before blast off tomorrow, maybe?
Comment by cyber37 on Mar 30, 2023 2:46pm
While this ‘blast off’ is a wishful thinking charts show that correction to rather ignorant share price rise was required. VLE stock price went outside its’ normal range of Bollinger band so it needed to correct. Glad to see price still over $3/share & consistently healthy volume. Only hope that we don’t get too many parasitic day traders that will milk this growth and turn off new investors – ...more  
Comment by firstworld on Mar 30, 2023 3:00pm
The fact that the "economic benefit" value was known on closing and not diclosed in the closing release like it should have been, as the biggest material development the company has ever had, has red flags popping everywhere. Algos are way smarter than humans and they are bailing. 
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