I'm curious whether anyone has any ideas on why the fall in...

I'm curious whether anyone has any ideas on why the fall in STU's price over the last couple of days. I know it touched an all time high a few days back, but it has drifted down more than 10% since then. Given that there has been a couple of positive announcements over that period including the spudding of Kiwi 1 - what's the story.

I'm not a holder of STU so I haven't been watching it all that closely but the volume appears to be pretty low so I tend to rule out manipulation by someone trying to take a large position at a lower price. I would also tend to rule out the option that it was overpriced and is now coming back to a fairer price. My rough calculation puts fair value at about $1 and that's not including any attributed value to its PEL holdings.

Comments appreciated.

Cheers

Badfish