re: yellow bank Could be right Tim, however, sellers continue to eat into any support at the moment. Once the selling slows down then may we see some gains in the share price. This baby has been falling 4 days in a row, similar what happened to ETE before the share price had recovered with nice gains. I'm curious to know if any director is selling because after the big rally they would be crazy not to take a peice of it, but as yet we haven't seen any change in holding.
From Energy Review.
"Enterprise Energy NL Director Geoffrey Guild Hill has changed his interests in the firm after acquiring 2.95 million indirect ordinary shares and 1.8 million options for $768,309.07 in on-market trade. Hill now holds 3,902,190 shares and 1,426,095 options."
If this is case, then the odds would be very good with Yellowbank Creek.
Furthermore, is it me or does anyone feel the lack of any substance in the announcements released on a daily basis? One would have thought their would have been a little more detail in their drilling reports, unless this is part of their strategy.
Any day now..
Cheers,
Ace.
EPE
enterprise energy limited
