Hi feeny, As a trading stock this company was very good to me in the past and I made heaps. Its taken the plunge with expansion of drilling sites and with that so had their cash position lol. You may recall some private investors wanted to take over the company and when they pulled out I saw the writing on the wall. Still all it needs is for one of these blocks they now hold to come good and it could start a move to become another Santos. I dont hold just yet but am seriously looking at taking a reasonable stake. I havnt followed its more recent history but will do some research and communicate with the company to seek the clarification I need. Good luck to all tap holders. May the next well be a gusher.
cheers
eagle
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