why?, page-8

Thats true but these assets are being eroded by very poor management ie giving away shares at 55 cents only a few moths back??? Well there are 473 million shares out there now and Teddy wants more options cause he has just sold some the day before the AGM can you believe it more front than Myers!!!. And now they want the 15% placement reset!!!!. I'm a long term holder but I believe we are being sold out, yes they did well to get it from 8 cents to its present value but they could have done a damm sight better. The management are out of there league Woodside and Maccas are going to play with this stock untill its back to 60 cents and keep a lid on it until they are ready to take it over. The only thing that keeps me in is the hope that a MAJOR oiler will want a position in this emerging W Af province and will challenge Woodside's position.