Minimal volume has brought us back and i think you'll find 6 cents is a base considering it was the last high before the announcement. When management come out and say they are looking to raise capital no one wants to buy because they know the price automatically drops back to around the mark the placement is set at. We've had barely any buyers to speak of since the spike to 13 cents, so if you wanted out you had to chase the buyers down. So here we are. Once the emotion dies down from the super tax and we get further drilling results we'll start the climb back up.
Any other contributor's to this thread?? i'm starting to feel kinda lonely...
ZGM Price at posting:
6.3¢ Sentiment: ST Buy Disclosure: Held