STX 2.50% 20.5¢ strike energy limited

Ann: Quarterly Update & Appendix 5B, page-51

  1. PS
    2,894 Posts.
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    "Would love to see SN buy some shares on the market right now, just to show the faith in his project!!"

    Not so sure that he would be allowed to. I believe (but could be wrong) that he cannot purchase a few days either side of an announcement. Also, SN is likely to have inside trading info as the technical success phase gains momentum. He is probably getting daily updates on progress IMO. I would think shareholders would be pretty upset if he was able to use that info to his advantage. SN last purchase was, I think, @6c. Frankly, a good sign. What I would like to see from here on is regular progress reports until technical success is declared (or otherwise). A weekly update would be good but failing that a fortnightly update. It would be great to see those gas rates steadily climbing and, by heck, shareholders deserve to see it!
 
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