I don't know about Commsec's situation, but what happened to "the biggest onshore oil discovery in Australia" that the company was reporting originally in the media when I bought in?
I guess it really never was actually "the biggest onshore Australian oilfield" as stated ..... but what value IS actually to be placed on it now? The company is now strangely subdued in its comments compared to the initial (unfounded?) hype! I'll be very interested in the reaction of Commsec to this news. Has anyone heard yet?
INP Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held