food for thought

Why the big movement yesterday?

Some made references to felines and bags - others made reference to vessels that don't retain water....

I have some alternative points for discussion.

Namely:

- Aus Reserve: Not to be left behind in the global rush to devalue ALL forms of paper currency to the point of irrelevance, the Aus Reserve dropped rates. This caused the jump in the stock market - not that our NWE shares are worth MORE - the currency they're valued in is simply now worth LESS.

- CTP et al. CTP farmed out a substantial lot of land to SANTOS over the past few days for SHALE EXPLORATION. I dare to venture that the interest is back on the Shale sector as others on my watch list (AJQ was up 20%, dwarfing our piddly 5%), MEO etc.