commentary from oil and gas weekly , page-8

Under 5% and they don't have to disclose .
To me the interesting thing is that so many shares have been sold over the last week but the price is holding up fairly well . I stand by my decision to buy and hold as I do think we are heading into a positive move with MEO within weeks .
If the seismic looks rich on the targets a big farmin or takeover will occur . I include takeover because if two parties want a major stake it may be the only way to settle the issue .
NXS recently had a major sell off but once the market gets wind of corporate action or sellers run low on stock the share will move upwards .