So, director buys 300k worth of ordinary shares 20 March 2012 at...

So, director buys 300k worth of ordinary shares 20 March 2012 at approx $0.34. Gas sales to begin inside 12 months with estimated cashflow of $540 million over 5 years, cash in the bank, 100mill credit if needed. ASX price query 27/03/12, no explanation of price drop and volume.

It appears someone doesn't want the company split up by the Singapore listing and/or may indeed want the whole company before it is split up!!!

Mr Davies certainly thinks the company has excellent prospects and it would appear he is in a position to make an informed judgement.

Cheers