People are just acting on a daily basis, with Galoc first oil being the main focus with their trading actions. It has been strung out for so long and everyday there is the HOPE that first oil will be announced. When its not people bail.
At the back of many people's mind is that this has taken so long and are there problems that are not being told eg Matrix Oil!
We were given an update only a few of days ago confirming first oil "mid September" (Why could they not issue a firm date only three days out from "mid September")??...We are now technically past mid September.... uncertainty is one of the biggest enemies of the stockmarket
dodds
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