Apparently the main man needed some cash for a house.
His timing was superb as oppieis are now only worth half of what they were when he sold.
Smart money does not find this sort of action attractive.
It is also unwise to inform holders of gas sales timing via the Australian newspaper.
Just because NEO are sitting on lots of oil and gas is no reason for a re-rating. Especially when management don't act in a mannor that would support it's owners.
On a positive note, the sp has done well in the face of dilution, suggesting that all hope has not been lost.
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- bend over folks!
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nuenco nl
bend over folks!
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