You are spot on andres, like you I am of the opinion that doing...

You are spot on andres, like you I am of the opinion that doing the placement at 12c, short changed the holders of the shares, increased the supply at a lower price than the market price, and floated the market with stacked shares. The SP will go up once this excess has been absorbed. Luckily management has been on target and improved volume production through the increased in wells producing, thus improving cash flow which sereves to give support to the SP. It looks like recognition is slowly coming in for the excellent performance of the company and we may yet see the SP being rerated soon.