They don't actually know why the share price dropped so making up stuff about Sherrit that happened in 2009.
Little did they mention that Sherritt and Pebercan PBC were given 140million by the cuban government for giving up the production sharing agreement that was to expire in 2018.
UPDATE 1-Cuba revokes Canadian oil producer's contract | Reuters
Its more clear that share price drop was caused by short termers rushing in yesterday but were offloaded share's onto them for all those shares that were bought under 8c in the previous week and a half and many bailed by end of today
Ann: Alameda-2 - Successful Flow Test of Lighter Oil to Surface, page-392
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Last
3.2¢ |
Change
0.002(6.67%) |
Mkt cap ! $107.8M | |||
| Open | High | Low | Value | Volume |
| 3.1¢ | 3.2¢ | 3.0¢ | $96.76K | 3.142M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 1912550 | 3.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.2¢ | 2137994 | 11 |
View Market Depth
| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| MAY (ASX) Chart |