"The market will be a bit rubbish until after SPP allocation day. Many PIs will have sent their $15k or whatever and won't have the balance returned until the end of the 1st week in April."
There could also be some profit taking sellers after the shares are allotted by those repaying borrowed funds used to take advantage of the offer. It looks bright after that.
Ann: Second Eagle Ford Well Testing Begins , page-11
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