I bought a little more tonight on the Aussie market.
The report though only looked okay to me. If I value the company on a flowing barrels basis or on 2pnav, the stock does not look cheap -- when comparing against other small e&p companies that can show better price:value on these measures.
I have come to the conclusion that the aussies do not trade on fundies. Hopefully our market tomorrow will see the blow out growth in these numbers. Should march back to a buck in the next month. Long and Strong.