another fantastic day for shareholders, page-2

Never pleasant to be in the red, but would note:
* Volumes suggest that most of the shares from CR's are still being held and it is not a broad sell off.
* Will be people selling to settle their capital gains/losses positions for the year.
* WHN is a stock that is driven by sentiment, sentiment in the market is more than ordinary at the moment.
* As an indicator just look at the HC stock tipping, anyone outside of the top 30 (out of 720) is in the red
* The news flows are pretty good for WHN and in a different time and place would have moved the SP or at least kept it supported.
* On a positive note they have money and a team in place to just keep plugging away on their programme and eventually the seismic will be interpreted and a farm in partner will be signed up.

This is EXACTLY the same project it was 9 months ago, 6 months ago, 2 months ago. The only difference is they are now well funded and have more data under their belt and a strong team in place. I would suggest SP has declined, but value has increased. Smaller MC than a couple of months ago, but further developed and cash in the bank. The only question is when to top up and when will the market turn?