re: News: WHL Energy in buyback of Seychelles...
i spoke to steve late this afternoon - apparently quarterly got held up today (on purpose) so report could include most up to date info - quarterly out tomorrow. was told to read between the lines.
must admit to being one of the buyers today - topped up at 3.0/3.1 near close... global market might not be so great right now but feeling pretty good about having money parked in whn - really hard to forecast how high the sp will be during q4
interesting to note that even though global markets somewhat tanked oil remains solid at $99/98 range - once the markets settle down oil could be as high as the aussie dollar is against the green back!! dont forget FIVE BILLION BBLs and that is just ONE lead - the majors apparently are very keen to paw all over the seismic data - "not a matter of if but who will be the jv"
QFY Price at posting:
3.0¢ Sentiment: Buy Disclosure: Held
