Exactly. Fabs has played this brilliantly, given E46 directors...

Exactly. Fabs has played this brilliantly, given E46 directors decent incentive to see this through as they retain exposure through KRM whilst keeping our cash balance very healthy for future acquisitions/drilling/permitting. The use of the term P&D is by those clueless to explain the volatility that comes with these events, well hinted that a acquisition was coming, plenty of different participants with different intentions for hold duration. ST traders have been cleaned out and those that see value in what has been acquired continue to hold/accumulate.