Jimbo,
1)Equivalent to about the last months volume, so effect on sp may not be insignificant - esp on those days when buyers are hovering 5 to 10% below the last trade.
2)At current prices by my estimate about 3 weeks profit - ie diddly cost to them.
This is one mother of a stable little cash cow, with a couple of great low capex assets coming into production in the next 12 months or so - soo under-recognised.
Hopefully the HY report and the Good Oil presentation will spark a little light into it - otherwise just a matter of patience.
Imo a $2 stock with easy potential to be worth $3, trading for under $1 - no wonder Einstein could never figure out the stock market.
EL
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incremental petroleum limited
arrived and no one wants it, page-5
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