Broker data, page-5

Over the past couple months it has been puzzling me as to whether there is a big player trying to suppress the price in order to accumulate...or whether there are one or two sellers who are crap traders and keep smashing the buy side with oversized and mistimed sell orders. Perhaps early seed shareholders who have low cost holdings and aren't that fussed about maximising their returns on exit? Dunno, I can't figure it out.

Either way the net result has been to push the share price down repeatedly over the past couple of months whenever the share price looked like having a strong day or two.

Still, the recent news flow speaks for itself. A good drilling result or two (which looks highly likely given the results reported to date) and this should be off to the races.

At the IPO I wasn't quite sure why Michael Anderson was involved with this company. However I watched him do an amazing job for shareholders with Exco many, many years ago, and there is no way he would have gotten involved with this company unless he saw some very strong potential.

I think the positives are now getting clearer every day. This is seriously undervalued.

Rosco