I bought all my position back again last week. To me the market understands
the play well and hence no volume on a big float. This will move up
considerably as the testing materializes. Even with the large float the new
investors will clean out the day traders and people who wish to take half off the
table, but with the szolnok many of the big players will remain all in. Then i see
a bidding war for falcons share. Falcon i believe sees this coming and is ready to
dilute again at a higher price to ensure the cash position is high enough to convince
the vote will be nay on a low ball bid. YOU either believe or you don't, but i'm
convinced the szolnoks huge pay zones and area are huge and large enough
to entice the big players to lock in a future of gas exploitation for many years and
falcon will not be a participate. They will then easily find a large partner in
Australia as exploration success brreeds greed. Things will be simpler there
in many ways as the oil will run first
Atb
Sandy9