It sends the wrong message to sell as a director on a spike. Having said that they like many others were hoping for bigger and better things with para 1 Anyway at the moment energy stocks are the flavour of the month and GDN as a whole are now in the energy business. They have there involvement with WCU and the prospects of a another gas hit in para 2. I would imagine that there are outside interests looking on at what para 2 throws up, if they hit gas at a good flow then I would imagine that people would be thinking that maybe they are in a good area and that multiple wells would create good profitable returns, after all they are drilling in a proven oil and gas basin so probability of another find is likely after all thats why they went there in the first place As for para 1 carnt see them having the bad luck over again which drained the co of most of its cash and shareholders there profits.
GDN Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
