Historically KBO hasnt been a gas play ... they have been ducking and weaving for yrs looking for something worthwhile ... I admire their tenacity.
I conclude simply that KBO just isnt on the radar as a serious gas play ... remember as from tomorrow they trade as EPG (European Gas Limited) not as KBO. I suspect European investors have been buying up KBO over the past 4 to 6 wks not Australian investors. I am convinced EPG/KBO has just started a serious re rating. If I am out by a factor of 9 or 10 I can take solace with a sp of $1 lol.
Cheers
Poyndexter
QGC
queensland gas company limited
