thanks tweety,Whilst I may not be able to directly fault the...

thanks tweety,

Whilst I may not be able to directly fault the announcments I do have to pose the question that if they were absolutely clear then why have so many abandoned GDN ?

Apparently the annoucements have been entrepreted in a way that has negatively affected SP even though in MHO they are positive - hence my comment - this must mean that the annoucements are unclear and require some additional / better way to inform the investor - positve or negative. What I can't understand is the negativity - they have found a considerable and comercialisable gas quantity of high quality - so what is the problem - the only problem is that it does not seem to have been found where everyone thought it would - so they commercialise what they have and drill again for another go down the track - all very sound decision making IMHO - so why penalise them with a down SP. There appears to be no one to crunch the numbers here and make and estimate of true value of the find (as they currently know / estimate it) or if there is and they have valued it then this has not been disclosed.

I said sophisticated investors because such persons / entities must be able to do the number crunch based on what has been disclosed to have been found - if something more is found I would have thought certain sophisticated number crunching would be engaged by investors outside of the company. Reulst of such number crunching should generating interest in the stock or at least force the company to do some number crunching themselves.

Based on GDN's current SP and trading pattern I'm quite dissapointed that the positive announcments have resulted such a poor response and am seeking information / justification for the behaviour - is there something I'm missing here - I just need to understand for the next time so I can read the trading signals better.

Cheers