santos mereenie, page-44

Don,
I agree with you about Yatchy, however one has to look at why the SP has only hit the 10 to 11 mark and oil has been found, as a very long term holder of this co, I'm not all that incredibly exited . I mean its great if you bought the heads at 5 and now hold them at 11 or whatever but most of the regulars on this site have bought at 15 and over. I am one of those.
Usually on an oil find like this, the SP tends to go bunter overnight , and keep going up , then level out obove it's 12 month high, perhaps someone could explain this ?
Is it that the market is not all that totally convinced yet ? . No doubt the ann will be coming thick and fast from now on, just to keep the SP bubbling along ,until at least the next drill.
Perhaps with this stock , you need a double hit to convince punters .