placement, page-12

IMO the current sp is not due to solely as a result of the placement of 1.20

The placement was a great achievement at 1.20 considering trading pattern over last 6 months. 1.20 is a premium price and will be reflected in the sp in the not too distant future.

In fact, its a monumental achievement to have the placement at this price. Many many other companies have placements at a fraction of the share price. Recently GXY had 10mil at 35c and the sp today is 2.00

Its just a consolidation and gas prices/stocks in general last few weeks. If you look closely, most gas stocks have been down as much focus on mining stocks like ore, alumina, lithium etc. Hence my decision to get in while the iron is hot (and out again)

But it will recover and when it does, bang she goes.

But for the med/long term i value most highly only a couple of stocks and this being one.