I think people read too much into share price volatility. No...

I think people read too much into share price volatility. No matter what the result is at half year there is nothing which justifies a 70% increase in share price or a subsequent 30% drop. Markets have a heard mentality. When there is a strong movement one way or another in a micro cap it tends to attract short term traders which in turn creates more volatility. My guess is that the majority of the price fluctuation over the last month has been from people who havent even opened an annual report and have no idea about fundamental valuations. Over the long run this noise will wash out.