eni has ensco 104, page-2

Given:

* The lack of interest in the stock
* Shareholders likely to sell out on any increase in liquidity
* Past shareholder disgust for the 'regrettable' Gurame well
* MEO's track record of raising capital on the back of a significant well(frustrating anyone who bought early and has forfeited opportunity elsewhere in the interim)

...the share price is likely to go nowhere, or upon the 'expected' capital raising exercise, go and stay south.

So anyone thinking they could make an escape on the back of Evans Shoal or Blackwood... might have to start praying for significant, positive results.