Joseph, The 'spec end' of town is always worst hit when we have...

Joseph, The 'spec end' of town is always worst hit when we have Dow problems, and the Centro happenings messing with the All Ords hasn't helped either.

It IS a different mentality at this end of town! People get very toey, especially when they rely on others research and don't understand the fundamentals of the company they are holding.

This results in a lot more temporary holders, plus people who grow impatient when things don't happen when they expected them to - (always in the oil and gas game - delays!)and therefore more volatility on a day to day basis.

I believe everything is still on track - and as others have said - we are still in gathering mode - picking up as much as we can while it's on offer.

Smyth HAS tried to do a lot in a little time, and hopefully that will pay off for us in the long term.

Maybe one of our acquisitions will make Olympic Dam look ordinary down the track!!!
I believe patience will be rewarded, but as the All ORds has taken a big knocking this last couple of weeks, CVI may have been affected worse becasue so many people had good profits which they've cashed in to apy for other shares, or commitments.
It's also the 'silly season' coming up - and a lot wanted substantial news prior to Christmas.

They'll probably all be back at the first significant news.
Meantime, I just hold and wait!

'Buy them when noone wants them' has always been a good method of making the most from a spec stock with great potential!