i think the placement price of 37c to HQ was a little disappointing. Not sure if the agreement of 48c or 80% of 5 trading prior to placement was wise as it left us open to SP manipulation.
37c = $20m 48c = $25.56m! - hmmm
and the current selling is also disappointing - smells of manipulation again rather than 30 june selling
i wonder who is doing the selling - i hope its not our chinese partner or mr copulos!
still like the long term on lNG but the price is disappointing
LNG Price at posting:
38.0¢ Sentiment: LT Buy Disclosure: Held