they have only recently acquired large NSW licenses, with funds it now seems they couldn't spare, and got approval to go ahead with what was likely to be their first earner albeit modest, and then just walk away from the lot. If it's not some sort of posturing to promp government into a more industry friendly stance, then it just seems like madness, and doesn't bode well for future decisions, market reaction to management's methods, and a growing hysteria surrounding fraccing have certainly cost me dearly.
DTE Price at posting:
4.4¢ Sentiment: Hold Disclosure: Held