new oilfield discovery

The mind boggles Cleansweep New Oilfield Discovery
Pel 100, shares drop $0.05c STU 50%.
COE 19.167% shares increase on treble the turnover $0.025c.

Oil found between 2119-2133m current depth 2412m total depth 2650m.

With a tightly held stock of only 62,668,870 shares, and the closeness of the oil find to Innamincka Petroleum on PEL 103, logically you would think both STU and INP would have been heading for the Moon.

Got me bamboozled .