I'm a bit confused why sellers haven't pulled their orders back a bit to let the SP drive on the Ann... If the flow rates come in as expected or higher shouldn't the market cap on potential sales from that region determine a reasonable starting level?...I mean if results merely match expectations isn't the $$sales value equitable to somewhere in the region of $1.00 per share???... You know I mean if Dubai don't have to start dumping what oil they have left onto the market to avoid soveriegn default.
Perhaps the company could go into a voluntary suspension and give sellers a few moments to realize the potential value of their holdings against the flow rates.... Its one hole in a whole region.
Oh well good luck to all FUT, PYM and PRA holders for tomorrow. I'm kind of hoping there will be a voluntary suspension followed by a succession of SP level upgrades.
Just a thought.
FUT Price at posting:
0.8¢ Sentiment: ST Buy Disclosure: Held