whats the story, page-6

Mr Gordon

I agree. What we have to remember is COE has domestic drilling only a few weeks away, The bargou block farmout process will have probably commenced.

we aIso need to remember that most of the acceptances have been from Instos, very few from retail investors, these instos have invested in IPM as they want exposure to oil stocks and probably small cap oil stocks, they will unlikely want or need to sell out. I simply cant see where all the unwanted shares will come from. If retail investors accept in large numbers then maybe, but to date that has not been the case