The Share price is being dumped on because there are much better value companies out there which have been severly bashed.
Logic dictates that without any news from TEX, most would take their money out and put into a stock where the re-coveries are looking like 5-50% in a day!!
TEX's revenue stream is not as great in relation some other companies out there so, short term people get out of TEX and into something better, until a time where the spud date is announced...
In this market, even a spud premium may not occur, as TEX has a policy not to reveal findings until it is all done n dusted and logs run.
TEX Price at posting:
4.1¢ Sentiment: Buy Disclosure: Held
