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SHG company secretary Chris Blamey said in response there was no information the company was aware of that could have caused the spike in price and volume although he did point out that the rig was on site to appraise and production test the Overston gas discovery.
He said this has been announced twice to the market already. Testing would commence in a few days with results being available to the market before the end of next week.
SHG was trading around 28c yesterday afternoon.
