RBGould,
I suspect most of those that have bought small oilers based on Hartleys rose tinted reports are now pretty well cashless. I can't see how yet another bullish report from them can cause more than a 2 hour sp spurt.
John,
Yes a good read, a rock solid story. Good to finally have a reasonable handle of the tax/SRB take. Much less than I feared when I did a "harsh view" look at it a week ago.
Cash build looks solid, albeit lumpy, despite strong E&D investment. Still imho many will get a shock at the $41mm current tax/SRB liabilities (due in May). Monday looking to be a bad day on the ASX so you might yet get your chance below 28. Hard to read how the market might react but 26 this week was a gift I missed out on.
EL
RBGould,I suspect most of those that have bought small oilers...
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