You don't have to wait until the 16th, the SPP is done, only the...

You don't have to wait until the 16th, the SPP is done, only the notification left to do. You can sell your current holdings now.

I reckon there will be a flood of sell orders on the 16th. Hell lot of new shares been issued and no doubt there will many who will want their money back if they can make a quick profit.

Hopefully JEF will look after the loyal supporters and wait till those after a quick profit have sold off their shares then release some really really really good news and watch for a rebound.

A further upgrade of 3P resources and a farm-in by a large company with deep pockets like Kogas or Santos will justify JEF's appointment.