anyone know why it's crashing?, page-4

No clue why it is dropping. Can not be that PGS is selling their stake is around 25 mln shares. Thery failed kicking out the management(unfortunately),but are still holding. Maybe they manipulating the price down and try a new round of kicking them out. Always works better with a low share price. I was really disapointed that management could stay, I think they did a really bad job the last 5 years, and now it looks they are getting away with it. It has al to do with the Singaporean shareholder(Tuan Sing) of 25%+, they got a new guy running the show and he has not worked long enough with management to know they are lousy, so he voted for the management to stay. Hopefully nothing fundamentally is wrong and share price will move back to around 70c