analyses of announcement, page-11

hey guys

How embarrassing will it be if the SPP plan falls through!
I wonder if Pattersons has a deal to take up the short fall if they are not taken up, if so they are employing the best and easiest strategy by driving down the price and holding it there for atleast 2 more weeks


This is going down to atleast 1.3 - 1.4 too many sellers will probably panic and/or make people panic to sell it down


My advice is stay calm and hold out as the companies prospects are not trading on fundamentals rathar on manipulation and games. Im holding till the santos ann on next phase of drilling


Lets put it this way i sell now i lose big time it probably wont fall too much lower so i save myself a little loss more, i hold for 2 more months and santos say yes to next phase means massive share price movement. If they dont then i sell at same price its at now so my underlying risk is TIME factor.

Im not participating in the SPP plan, i should have sold and tried to use the SPP to lock in profit and accumalate more shares cheapers HIndsight is nice


GOOD LUCK all a nice gas showing wont help the company in next 2 weeks but it will allow for the price to rise after the SPP is complete so YES we need a good ann for the medium term