Sadly your extremely wrong as I have only traded MAY once and bailed for a profit when I saw a large volume being dumped prior to announcement.
I assume only GOD knows why there was a substantial increase in volume traded both times prior to no flow announcements with a dramatic fall in price. Fortunately the market has participants like yourself who obviously believe GOD is in control of determining if wells flow and why substantial volumes of shares are dumped prior to announcements.
I find it cute the way you defend the CEO. His performance and lack of announcements to keep investors informed in the current drilling campaign been abysmal. He has not even announced to market a clear consise path moving forward and has just left the market hanging.
Ann: Block 9 Alameda 3 Appraisal Update (Alameda reservoir), page-961
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Last
3.0¢ |
Change
-0.001(3.23%) |
Mkt cap ! $101.1M | |||
| Open | High | Low | Value | Volume |
| 3.1¢ | 3.1¢ | 3.0¢ | $18.39K | 611.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 805868 | 3.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.1¢ | 856803 | 5 |
View Market Depth
| Last trade - 16.10pm 04/11/2024 (20 minute delay) ? |
| MAY (ASX) Chart |