The jump down to 0.019 appears to be manipulated.
The BUY side was filled with orders at 0.02 but someone/thing decided to sell under market price at 0.019 when they/it could of got matched at 0.02... plus the orders were under $500 in value (the minimum parcel most retail brokers require.)
But on the bright side, the insta bounce back to 0.02 shows support, me thinks some bigger fish are testing the waters.
On a more macro note, I remain bullish about aussie shale. As much as we have been smashed the last 6 months I believe the small cap O&G market is cyclical and we will see the sentiment shift in Q3 and Q4 as those that got out re-enter.
just my $0.02 ;)
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