Euroz have sold 600k+ in the last 7 days or so. Prior to that...

Euroz have sold 600k+ in the last 7 days or so.
Prior to that Citgp Global offloaded 1M+.

House broker not doing anything either way.

Aside from my dummy spit, you've go to wonder why with these fundamentals this Co. cant get a rise out of anything. Even the recent run finally breaking the 3 year ARW induced downtrend that saw 80% of its value wiped out was met with substantial selling driving it straight back to 30c.

When the fundamentals are (this) good or improving but the market ignores them totally there's got to be something else. A forward looking PE of 3 with an effective NPV of $2.5/bbl isn't that bad when the assets have 20 year life expectancies.

In the same way some say the ARW fiasco destroyed market confidence in management you could now wonder whether that same apathy appears to have even overwhelmed even the addition of the big new shareholder who appointed 2 new bodies to the board 15 months ago after taking a big stake @ 55 and has in the process done half its money. There doesn't appear to have been any change to the markets view of the Co, even allowing for all the new directors and managers. Why?

For the significant increase in directors fees and management salaries since Peacock, Betty D and Towners self proclaimed "family friend" arrived shareholders have seen nothing by way of SP increase, divies or even sustained good news or strategy.

The corporate review came up with: the SP is too low, the "new" reporting format changed then changed back within months.

Something has to give here.