Whatever the reason... it is what it is. Still believe too much...

Whatever the reason... it is what it is.

Still believe too much positive news to come out on top of the original gas discoveries and flow rate results to stay at these levels. Only short term traders feeling the pain. Long term holders sitting back and/or accumulating themselves. Will be interesting where this is at in a few days time... expecting a bounce at some point once the weak hands have relinquished their shares and the pip traders have exited the building. Genuine O&G investors understand the process and the forward value of the last announcement and “eventually” that will flow through. But hey, why pay more when Mr Market is persisting on selling at these levels?

Will check back in a few days when things have settled a little and the landscape is bit clearer.... whatever that may be!

Good Luck All