it is the spudding as i mentioned, so close that will see many...

it is the spudding as i mentioned, so close that will see many who would sell their old shares for anything above the cost of the new ones, 5c, but at what point is it riduculous, 5.1c? 5.2c?

These extra shares, instead of selling at 5.5, 6? what ever, the rational has to be, heck with spudding, this is going to run up to 10c, so why not sell the extras there?

That was what my line of logic was to enter recently at 6.2, and not wait for the sell down to 5c, that might just not eventuate.

If the spud is a good one, some of these longs who were going to sell, and thats not all holders, just some who play that game, might then decide, its worth holding onto this company as it has done the hard yards, now has sign production from galoc, and a fast payback success ont he new italy gas plays.

As I said, i see plenty of upside here.

cheers