GSS Energy (“GSS”) share price plunged 31% to close at $0.097 on 24 Jul 2015 after the announcement that KUD had terminated the services of GSS’ subsidiary PT Cepu Sakti Energy (“PT CSE”). Subsequently, in tandem with the weak equity market, GSS continued to weaken to touch a multi month low of $0.069 before closing at $0.079 on 2 Oct 2015. So, what caught my attention? First of all, GSS’ chart (seems like a potential base formation in the making) and low valuations caught my eye. Below are some interesting factors which caught my eye. 1) Effects of settlement with Java Petral Energy Pte Ltd Table 1 summarised the effects of the settlement agreement between GSS and Java Petral Energy Pte Ltd (“JPEL”). Three noteworthy points caught my attention.

1. a) Speed of reaching settlement agreement

GSS first announced the termination of the cooperative agreement between KUD ......