Your theory sounds good Rony except for the fact that the sp has...

Your theory sounds good Rony except for the fact that the sp has dropped, rather than staying static.

Are you suggesting that the sp will be kept at these levels by "those with the money" until the offer date lapses (ie. 23 may 2014)? I'm not convinced of that by any means. If excellent flow rates come out in the next few days, we should expect that the sell orders at 3c and 3.1c will be gobbled up, so what is the point of trying to keep the sp down at these levels now. Looks fishy to me.

On what basis do you say that "those that put in for extra shares will not get them" if the price rises too much?

Finally, the wording is slightly different in the last announcement. We have gone from the percentage of oil recovered and the production rate "will increase" in Monday's announcement to "will likely increase" today. Subtle I know but interesting nonetheless.

Just sayin'

DYOR