They did raise a bit over 700,000 through a rights issue in...

They did raise a bit over 700,000 through a rights issue in Sept. 1 for 1 at an issue price of 0.3 cents, Alto Capital took up the shorfall. So whoever got shares at that price whould have made a very nice profit. Alto Capital were again involved in the recent placement at a much improved price of 2.6 cents a share. All up yu would expect a bit of profit taking when the price is above what you get the shares for. Now the price is over 25 percent below the latest placement price.

I don't think you can read anything into the selling as a guide to Fausse Point. It is more than likely just a case the recent capital raisings, profit taking and investor jitters when the price suddenly drops.

I am sure they are not drilling the well just to get investor interest and do a few capital raisings.