Trades and observations from a British contrarian stock investor

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Monday, February 28, 2011

Xcite Energy price fall offers another top up opportunity

So we have a 1 month delay in the reserves.upgrade. Nothing sinister in the RNS. The shares are down 6.5% on the news so its top up time. Bought more at 326p. I am being very greedy, when others are fearful! With 15,000 barrels flowing per day from early 2012, from a North Sea field, seems sensible to me!

Posted by Contrarian Investor UK at 11:12 AM
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