I think market sentiment is a strong factor here,like with a few...

I think market sentiment is a strong factor here,like with a few other oilers.
The way its going,seems a near cert, to break
$4 next week and from there,who knows.
Has now dropped 11% from its ath of
$4.57.not so long ago and yet it is pumping out more oil than ever and poo is still high.
Might be some taking profits as still too early for any whispers re china results.
Still think the $350 mill.loan with CBA for Apache deal put a dampener on sp.
But because the sp has fallen so far,it is going to take more than good results from latest china testing to get up again anywhere near the ath.
Couldnt resist buying more however at $4.05 so hoping for a bounce next week if poo holds up. brucey