Massive volume today, alot of it selling especially in last hr....

Massive volume today, alot of it selling especially in last hr. More then 6 million shares sold! Tommorrow could be interesting.
Market cap could be bloated.
386 mil with 170 mil in bank.
Turnbull once again delivering a punch in guts for guys trying to better gas market.
Let the free market work!
East coast needs more gas but doesn't want to pay for it.
Simple.
Years of systemic under investing and plain flat out socialist ideologies lead us to this point. GLNG gas is already sold overseas their should be no interfering by government in their businesses.
The thing with O&G sector is investment is big and takes years to bring online Turnbull scaring investors and business away is not solution, in fact it is merely kicking can down road.
If turnbull wanted an initiative to improve AUS energy security then perhaps hand outs to junior gas players such as Coopers for desperately trying to improve situation. If green energy gets hand outs then why cant Coopers? we are actually generating energy on a substantial and sustainable level for the future.
Lets hope cooper pull through well and get sole up and running aswell as negotiating higher prices next year for existing assets.


Opinions on manta deeps? known 106 peta joules but could there be a lot more in the deeps?
I seem to recall the figure potentially 500 thrown around in an announcement somewhere? Ill have to do some research and dig it up.