Plenty of positive news coming here this month. Quarterlies, cash payment of $2.8m, flow rates from ASD-1X the 4th successful drill in Egypt and Spudding of next drill development well AJ-8.
When I first looked into United and realized that a massive major oil company in BP had helped finance the Egypt Asset, I just thought this BoD is seriously connected.
I don't think they're too bothered about the near term shareprice as they've already taken great positions here, I would imagine they would have already had an idea what size holding they wanted beforehand.