aussiebull says 'sell' - fair or unfair?, page-59

ML
I won't be kicking myself, if you check my posts over the last 12 months you will see that several times I got back in on substantial dips.

I was also smart enough twice selling out around $2.90 and last time getting in around $0.90 and selling out at around current SP.
If you just held all the time you would make much less.

History suggests the SP will go lower after the quarterly.


When people finally realise a potential shale deal is unlikely in the short term they will sell out.

A month ago PB said that it was down to four overseas companies and they were close to one being finalised.

In the latest newsletter he now says they have just started the process and LNC will be doing extra work at their own cost over the next 6 months.
This all sounds very familiar to those that remember the Teresa sale announcements that never happened.

I could be wrong but that says to me companies want more detail about the shale before making a commitment.