basic reason, page-2

It's a good question Malmoe but I believe the change of sentiment is due to the SP being half of where it should have been 4 months ago and we are all impatient.
Add to that, a change of business plan and ass you have already stated, lack of PB news, stir it all up and you have a dropping SP.
Also, there are many small oilers out there that are very well run that represent great buying at discount prices that are very de-risked unlike GGP. This may be attracting the vervous holders.
Have been through this before with other stocks except this time I'm capitalising by buying in the large dips.
Timing is perfect as have had another of my stocks being victims of a take-over so am cashed up.
Good luck.