well, all the way up and then all the way down. they are now...

well, all the way up and then all the way down. they are now less than Singappore's average buy price and all take-over talk seems to have disappeared.
proves to me that the underwood announcement (and the irrational exuberance that followed) was ridiculous and merely a short-term improvement mechanism - a bit like announcing the share buy back.
They are still a great buy based on assets, production and prospects but we need drill-bit success to finally break away from the current price 'floor'.
as previously stated, I think that Amulet (appraisal) and Marley (sort of re-appraisal) will fix this problem.