Dana, production growth a certainty

Hey wan

The rise this month is almost exclusively due to your efforts. You can influence us lot but there are institutions out there all too ready to get out when they see the opportunity.

I know a lot about Dana and agree with you on the fundamentals. I sold reluctantly the last time they went through 14p (after owning the for well over a year) and now don't own them. If I had seen them at 10.5p, I would have joined you a month ago (but my attention was elsewhere).

Dana has the potential to make a quantum leap to become a medium-sized oil company. But to do this, they have to break through the institutional sell zone and make it into new high ground. To do this will probably take a push by a major broker. Failing that, the price could become a bit sticky around here.

I wish you well with your efforts - after all the company is doing well enough to deserve such a push, but will not join you (unless I can get in for 12p) until we see the resistance area overcome.