For those who take a serious long term interest in this stock, I have to remark that the price action is a little strange given that Monsoon was only one of several prospects on the Polar Bear trend and Polar Bear probably a second fiddle to Scandinavian projects.
I put it down to the "Bird In The Hand" syndrome. What seems like the loss of a 'bird in the hand' has been taken keenly.
Notwithstanding, the selling down 10% today on about 1/3% of the book could only be possible on a relatively illiquid stock mainly tightly held. For us little blokes it should be seen as an opportunity.
Only IMO.
S2R Price at posting:
37.0¢ Sentiment: Buy Disclosure: Held
