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m0ngy

6,083 Posts.

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14/06/18

18:05

Post #: 33717532
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Originally posted by tt2000 ↑

If the wells were not performimg in line with expectations this would be material to price/value, therefore and pursuant to s674 of the Corps Act it should be disclosed.

I do share your sentiment though, and was the reason I emailed demanding answers.

I suggest others request this information too, as we are entitled to understand the core drivers to our asset and why a funding solution has still not achieved.

For the first time in 3 years, my sentiment on this has changed to "hold".

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Yes I agree tt2000, the SP hasn't broken down off its positive trend but is 'on the edge' and the candlesticks today were bearish so we are likely to see some day traders try to short it tomorrow. A likely test of underlying support is imminent imo. An announcement is overdue and would be very timely.

SXY Price at posting: 40.0¢ Sentiment: Buy Disclosure: Held
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