Ann: Drilling Update, page-4

Yes, look for another day today of a slide on no volume. We have lost 6.5% on around $360k of stock turned over this week thus far.

$360k of stock on a MC of $150M and 6.5% down?? That is extremely thin trading. On top we have had two great announcements. Where would we be if it had not been for these two announcements, possibly in the 80's already.

No large holdings selling, just a small fraction of retail possibly doing some tax loss selling on very small holdings.

No large holders supporting the stock either which is disappointing. They should be stepping up on closing auction and picking a few shares to stabalise the price as I'm sure even with a $1k trade they could defend the slide on Micky mouse volume. Instead they are watching retail damage the SP on no volume??

Get to work instos and defend your stock!!! Only need pocket money thrown at this in order to preserve value here whilst POG is taking a massive hiding.

Our hedge looks like great timing and a master stroke from Milan and co now.