My view is that the market is still pricing these two wells in as being wild cats with a 10-20% chance of success - irrelevant of what we think, the gas shows, proximity to other fields etc.
We had a flurry of "paid?" research 12 - 18 months back but very little of this has been reviewed, updated so a number of the more ill informed investors just don't hear about NEN, or take an interest, unless their broker spruikes it.
So we have a small group packed to the gills with shares, a general market that we think is under informed / educated and possibly a bigger player in the market capping the share price. Yet it does seem to be on every share forum where the price is not moving its blamed on cappers.
So all you can do now is wait, wait and then wait some more, if you get board ring Neon and hassle them for answers they can't give. So Halloween will pass, possibly even Guy Fawkes, or maybe we will have some Guy Fawkes before the 5th November, either way we should know before 25th December what is happening and it will be an early Christmas, or down to the Sally's for xmas lunch with the kids...
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