Ref:  http://www.asx.com.au/asx/markets/equityPrices.do?by=asxCodes&asxCodes=LNC

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As I mentioned in a previous post, I believe that Linc Energy is the bellweather company here.  Earlier in the month, in spite of the great news announcment concerning their tremendous discovery in South Australia, their stock price drifted downwards.  Now its climbing back up towards its old high for the year.  Let's hope some of this rubs off on the other oil&gas explorers in the great land down under!  My spidey senses tell me it will.  Its not scientific, but then again, intuition rarely is 100% science anyway, and it doesn't do any harm to follow your instincts if your due-diligence tells you so.  GLTA.

 

Cheers,

HootHoot.