Re: insider buys - MHR / Sells !
If you go back and look at the original filing when Relational bought their stake, part of that agreement was the MHR would make another filing within 90 days of their original buy that would list Relational's shares as for sale. They aren't going to be selling their shares right away, they just wanted to be able to sell when they wanted to sell and not wait for another filing. It puts Gary on notice.
Having Relational as fellow shareholders gives me a little assurance that Gary won't go hog wild with debt. I am not really happy about the Australian thing either, but still think that there is value here in the marcellus and Utica. I presume in Australia as well, Gary seems pretty hot for it, but we'll see. He also needs money to be able to drill there.