It's there. The price will continue to follow the law of supply and demand for the stock. As time goes on without a deal announcement faith in the company will decrease and cause more sales. Price will have to fall quite a bit to get the faithful to increase purchases without an announcement.
Where does it leave you? Are there major energy companies interested in investing into the developement of the Australian Shales? Are the Shales attractive? Do you believe your management or are they just promoters? What kind of fool was Hess? Did they try to keep the cake and eat it too. What kind of information can management give you to increase the demand for shares?
I believe our management - I believe they will get a deal in Australia that will be better than the Hess Deal. I believe they want to get a deal done fast, but I also believe they are more concerned with getting a fair deal than getting the deal done fast.
Sharpen your pencils and carefully calculate the aquistion price you want to achieve before the stock discount sale price ends. No regrets now, when it ends - it ends.