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Bullboard - Stock Discussion Forum Reconnaissance Energy (Africa) Ltd V.RECO

Alternate Symbol(s):  RECAF | RCNWF | V.RECO.WT

Reconnaissance Energy Africa Ltd. is a Canada-based oil and gas company. The Company is engaged in the exploration of the Damara Fold Belt and Kavango Rift Basin in the Kalahari Desert of northeastern Namibia and northwestern Botswana. The Company holds interest in a petroleum exploration license no. 0073 (PEL 73) in northeast Namibia and an interest in petroleum exploration rights in northwest... see more

TSXV:RECO - Post Discussion

Reconnaissance Energy (Africa) Ltd > Drop of over 39 percent.....
View:
Post by Wynjoe on Jul 28, 2022 8:21am

Drop of over 39 percent.....

From last equity raise of $6.35 to $3.86 that's almost a 40 percent drop.Tell me theres nothing wrong. Environmental factors,lawsuits and possible upcoming shutdown on August 3,to name a few, MAJOR SELL!!!
Comment by C1v1k6 on Jul 28, 2022 8:49am
if you sold your shares why you on here ?
Comment by Wynjoe on Jul 28, 2022 9:19am
Just reminding investors that a 40 percent drop from $6.35 is $2,54. But a 40 percent drop from $3.86 is only $1.54. Another 40 percent drop can occur more quickly. Be careful, MAJOR SELL..
Comment by Ryjo1980 on Jul 29, 2022 9:34pm
Man , you're full of it.
Comment by montreal10 on Jul 28, 2022 9:45am
Major buy! Already 15k shares in my account...thank you shorts 
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