to me it looks like price manupulation in order to buy back at even cheaper rates.
with the smell of gas in the air now that the vultures are circling with determined to buy in at bottom of the market rates.
I am in no way defending the management but they are either genious at playing the politics or absolute idiots not to do the fraccing operation properly in the first place and further drawing out this process of fraccing, cleaning testing whilst in the meantime the SP is flogged and log term investors are left in lurch.
and manupulators are given free access to the SP to massacre as they like.
either these guys are going to go broke or they are going to make us money.. I cannot see any other position in between.
GDN Price at posting:
6.0¢ Sentiment: None Disclosure: Held