There is some positive comment around. Simon Bond of ABN AMRO...

There is some positive comment around.

Simon Bond of ABN AMRO Morgans recently said:

"December half year revenue was up 40 per cent and net profit was up 35 per cent. The company offers upside from today’s levels if current exploration and development projects deliver results. The company is also well positioned to benefit from rationalisation of the junior oil sector."

Sounds to me like code for possible takeover. Time will tell.