Hi Forkers,
It just confirms what we already know, that it is a VERY tightly held stock.
Approximately 60% of the stock is held by the top 20 shareholders.
You may also notice that the Top 20 are holders/accumulators, they dont trade the stock.
There is alot of positive sentiment around this stock and you will notice that the Top 20 has some very established players who have jockeyed for large positions in the company.
From memory are we not due for an announcement in relation to the 6 wells that are due for completion by the "end of June quarter"?
I honestly expect that announcement to really get the BBQ going!
Happy holding and please treat this post as entertainment only..
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