The xing wasn't anything to do with Shaws being house broker. Not sure anyone else would want them. May have been a small industry or super fund originating the xing.
But...
you still have to wonder about Towner. Was there a good reason to release a positive update today? Why not an upday like any time up until a week ago during which time the POO has dropped $10+. Or any time in the next 2 weeks prior to the new well being spudded. Wasn't anything in there that appeared to be that time sensitive.
In his own words:
"It’s just a case of timing our
development work with good points in the price cycle."
Clearly not much has changed since the days of ARW and the huge payout to Butcher that not only left shareholders with nothing but also put the market off this Co. for the last 3 years.
Get it together Geoff. You cant complain about the market ignoring you when you do this rubbish.
You can almost guarantee tomm will see both the general market and the POO bounce. And the update??? History.
The xing wasn't anything to do with Shaws being house broker....
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