Profit taking or cutting losses?, page-9

absolutely correct fike and then of course the trouble with all of this will be $$. PCL and FAR have done very well by any standards of "pennydreadful" Aussie O&G companies both gaining great ground and JVs and having some limited exploration success to date but are still in reasonable shape - however the next 5 years whilst could be very exciting I cannot help but feel both Cos will have to raise sig $$ and then that brings into the picture the ugly truth of a consolidation at some point ( which no one wants) but I cannot see how they otherwise can stay in the game or else end with 3-4 billion shares on issue - they need to trading in the 20c range to raise sig $$ and not blow out the shares on issue too much - other than an oil strike it is hard to see how they will get there. - I watch with interest to get back in at some stage.