The last two announcements have been very bland with no real substance. A bit like "feeding the chooks" just to keep them happy. Nothing on Sail and Anchor, Tooheys or Coopers and a brief note that they have stopped work on fixing Billabong so that they can go and do something else.
From my perspective, the Board has until 10am (Perth time) on November 13, being the closing time for proxy votes to be lodged, to announce some meaningful results from ALL wells with a resultant spike in the sp, failing which I will be voting against resolutions 1, 3, 4, and 5 and for resolution 6.
14 days to go and counting.
SSN Price at posting:
2.6¢ Sentiment: Hold Disclosure: Held