Hi knackered, the problem currently is until they land a deal, there's not much to report except presumably declining production output because they're now not drilling new wells. That being the situation, there's not going to be much buying interest and therefore no northwards pressure on SP unless PPT and the like decide to push it up. Management continue to fail in their ability or desire to promote this stock - when was the last time they did a presentation anywhere? - in the absence of that the only thing that will provide some impetus is a great asset deal.
Cheers, Sharks.
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Hi knackered, the problem currently is until they land a deal,...
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