Ann: Lockyer Deep-1 Gas Discovery Exceeds Pre-Drill Expectations, page-130

Call me cynical but the relentless selling overhang looks to me like its designed to smother the SP and its been very successful.

Some of the single sell sizes on the sell side e.g. 16 million shares @ 3.4c and a 11.7 million shares @ 3.3c are telling. If you were going to sell down, then wouldn't you break it up into small tranches and not leave it so lumpy???

Anyway disappointing today on this news but the value is there now for all to see.

Hoping management can see whats going on and will study the share registry once the T+3 has past.

Games will be played

I think you will find many of the sell orders lift after 4pm

Benwex