So we start the week at 63c (breaking out of a recent trading range),finish at 83c(after several closing & intra-day highs on extraordinary volume) i.e. +30% for the week (after 100% to intra-day yesterday).
Not a bad effort I'd say albeit more than the usual dose of volatility!!!
But someone with deep pockets bought all those shares. Didn't they. Yup, they did.
And LNG is back to where it started 2016. That's right
But outta the ASX200. No!!!
Can't imagine why LNG management is talking to NY instos. Don't they own 60% already?!?! Yup, they do. Wonder why?
Dumb Aussies. Never understood LNG. Always live for today.
Ah well, for those who have a slightly longer term perspective ...
I hear FERC all ... except regulatory certainty with NTP close to hand ... So what.
SO what??
SO WHAT!!
Something else will follow thereafter. Really? What's that?
