LOGIC ALERT from the mind of CB!
I have been thinking about this endless Susp and the "significant news" still coming
This has been going on for months now and the ASX and SH's complaints still dont seem to have made any diff and the susp stays. This means either the ASX is satisfied that the susp is warranted or their hands are tied as they can only react to Ravens reply and if it ticks the boxes they cant do any more at least so far. hmmmm.
What is interesting is the stops been on for many months now; almost unheard of and when they announced Xstate news, this seemed pretty good yet Raven just ann it the usual "pleased to advise" just like everyday news and nothing special, yet the long susp is only related to this
"really big" acquisition; big enough that they need to stay in susp indefinitely but Xstate didnt warrant a hold although its pretty good for SH's and a move forward- only a yawn from the board?
At least in "Ravens" mind, this Deal is massive news; enough to justify and after we might all agree quite rightly a sustained susp till the announcement is made. They got Xstate but are not even talking about that yet the "biggy" is all they are concerned with now. They even lost interest in the No 1 well now till deeper drilling can commence, BUT the
boards eyes are squarely on this "deal"
Conclusion- I can only conclude that they are joining with someone at least as big as eg. Cal energy and yet theres no leaks from them? or someone
from left field who is really big, huge! even if not a household name as we dont hear any runours which a known company may leak out by now. Given that Raven is so small, its no wonder its taking a long time to finish the deal assuming we will negotiate a good part of it.
When we finally hear,
we SHOULD all be at least be going "WOW", whether thats a guarantee of big revs and success can never be predicted- we have to wait for ann to see what we have.
Of course this Susp could just be some kind of manipulation ( from low of 002? ) but thats a job for the "authorities" to deal with.
The extremely long susp with still a month to go before possible news and its so big, they wont release the stock?- The Board must be kidding themselves/deluded OR
on to something shattering and all SH's mouths will drop.. OMO and i really hope this coming ann isnt a "fizzer" and blows our minds
