Slabbo.You are completely on the money sometimes the market takes a couple of days to finally understand what the reserve upgrade really means.If you do a back of the envelope calculation of the current prospective reserves done by conservative certifiers bye would have to be worth in excess of $250 million but capitalised by the market at less than 100 million.
BYE Price at posting:
75.5¢ Sentiment: Buy Disclosure: Held