Interesting times for PVD, I think it's herd mentality also...

Interesting times for PVD, I think it's herd mentality also yesterday. If the big institutions were selling large chunks off, wouldn't they need to inform the ASX of changes to their PVD substantial share holdings??? No announcements by PVD yet and it's too early for it too be negative news from the MZ1 well formations. Also I think US$215m farm out agreement would not have been entered into unless Freeport are reasonably confident of finding oil from the 3D seismology and geochemical analysis conducted. Anyway I'm an ultimate optimist willing to hold on for the upside hopefully the black liquid gold is just around the corner. Have a terrific Tuesday and good luck to all PVD stakeholders