ROL if you read my post I suggested that I did not consider the price rise to £1.70 anything special bearing in mind that the MM cleverly marked down to a year low (for no reason) ahead of this rise.
Assuming an average six month price of around £1.35ish another 35p on top taking account of success at Wharton and possible PD success is nothing much especially considering a number of re-ratings are occuring in the junior oil sector.
IMO the 25% fall has occured due to a poorly worded RNS that has actually mislead one news service to state that PD is unlikely to succeed?? I am sure with your excellent attention to detail you must agree that this has not helped.