Now 60p off the SP with no rally on an inconclusive RNS. Market is saying PD is a duffer. That RNS was possibly the worst timed and poorly worded I can ever recall. Even now the partners continue to say 'in line with pre drill estimates etc?? What is going on??
Its like an unfolding drama, the RNS has created uncertainty and confusion. It would have been better to wait the outcome of the entire well. How can the Aus Exchange rules be considered worthy in this case?
Rally from here?? Possible but MM seem to want this down of course so they can gap up on good news and make vast profits. Selling modest and not in large bundles.