re: Ann: Eastern Star Gas Exceeds 2009 Reserv...
Arrow increased 2P reserves by 2,058 PJ Which exceeds 2009 reserves addition target by 350% and their SP barely moved, in fact it has lost almost 10% since then. We have waited patiently for this announcement from ESG to be the catalyst for share price movement and the market does not seem to care two hoots for it.Very concerning if the DOW takes another beating tonight what could happen to ESG sp.Well done to management for achieving the milestone but expected/expecting a lot more from the sp. Patience is wearing thin.
ESG Price at posting:
79.0¢ Sentiment: ST Buy Disclosure: Held