It is all about timing. All good small caps are downward now even with good announcement.
Examples:
LNG 2.05High 1.03NOW all good thing factored.
MEL 1.02High .59 Now Major gas discovery few days back and stock sky rocketed to $1.02 from .45c and now at .59C.
What would have been happened when MEO was at .80C and anouncement could have been out it may have risen to $1 and then back to .45C. Who is thinking it could have been better. In that case again bad feeling on same HC forum by who was unable to sell at around $1.
IMO general oil and gas story is tacking a break at the moment. I am sure after a breack these all shares will be back to their high no matter anouncement coming or not.It is market and investores are back when they again find value in shares at lower rate
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