Anyone know why everyone seems to be selling?

from todays shares mag.
Dexter

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Taken from Pg20 Shares Mag:
Run by a former British Army officer, Meridians recent 1 million share placing gives it the cash it needs to complete development work on its two main prospects, the Orion and Calvin fields in the US.
The shares have recently really started to move recently thanks to Meridian securing a lease on the Orion field, an exciting move since it is believed to hold about 3 billion cubic feet of gas, 2.7bcf recoverable. based on data from previous projects. There will also be money left over to snap up a handful of new prospects this year too.

watch this space ;-) its on its way

thanks Lp;