Badge,Because no one cares. Plain and simple.
Your right on the money this time. Why should they pay any attention to the interim share price with all that is underway? Bunch of small stockholders chasing the share price around with miniscule volumes. Absolutely not affecting the company at any way or any level,at the present time.
Petaquilla is controlled by about 50 relatively large stockholders, mutual funds, institutions, elite investors, and management. They are all proactive and you can be sure are well informed. They support management. The rest are very small stockholders who have little to win or lose here, because their investments are tiny. They influence nothing and really just don't "count". The company follows all laws on disclosure and that is all that is required. They are courteous to stockholders and will give you a tour of Molejon, Penonome, or meet with you at the Panama City Office if you bother to make the effort. Contrary to rants that they have an obligation to inform the market more than they do, that is just not true and merely a fantasy. They are in compliance.
So you see, it really makes sense to operate as they choose to do. Not waste time with things that do not affect the company nor matter. Not spend money informing small investors about events concerning which they do not have the education or intelligence to understand. I laughed this morning when I read two posts by the lady from CR in BC. First she doesn't have the seasons right, and talking about snow, and second she has the Caribbean in the wrong place!!! Needs a map of Panama and the weather channel!!! LOL.
While I expected to hear something this week, I am doubtful things have progressed to that point. I would be surprised if they file anything at the end of the week, and they might even get a 30 day extension and not file until April 15th or when things are finally settled. No point in filing now and a trading halt for a while really doesn't matter that much since the large stockholders do not trade, and are not selling. So I can think you can stop SEDAR watching until around April 15th. Certainly there will be some more news before the election.
If that doesn't work for you then you should sell and move on...not sell and continue to post for years on deaf ears and to the choir as some of the people do here. Good luck which either way you go. Personally, I buy a few shares every month as I have for many years. Without revealing anything that is privileged, I can comment that many of the theories and rumors oft posted on SH and herein are the height of absurdity.
That is another place we we agree!! Stupid rumors about the company from those who know nothing about the facts on the ground, the laws, the agreements, the resources, or anything else that is pertinent. Like addressing prerogatives for the international space station, because they read a Superman Comic as a child, or come to think of it, maybe lately.
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