not many sellers in vpeo, page-11

G'day Tui. Not wanting to sound like a wet blanket but it is healthy to always be mindful of reasons why an uptrend might not be maintained. I agree that VPE look promising but a lot of the 'value' in the current share price is forward-looking, viz. increases in oil production/reserves and the CSG potential, rather than justifiable on current or even near-term earnings. I know you really like the VPE story but I just hope you're not being blindly optimistic. Don't forget management showed their true colours just a short time ago a la those 25c options (and what a rort those were in the context of the current share price).

Bottom line like you say though is that there are some serious 'insiders' on board who appear to be sitting tight. If a SSH notice comes out to say they're selling down I'll be off, but until they do I will just let it run. There's clearly a lot of renewed interest in VPE of late.