There obviously will be a reaction to morrow. It's just a matter of how much. We had a recent peak of 12c, so I would expect at least it will wind itself up to that, with the shorters covering. I think the shorters wasn't expecting this good a news.
One thing though (I wasn't watching the post close auction today) why wasn't there any matched transactions? the news didn't come out till 4.11pm!
Unusual situation.
KKW
Ann: Senegal Drilling Update - Successful SNE-4 appraisal well-FAR.AX, page-43
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