You blokes have got to be kidding with the conspiracy theories aren't you of 'must be announcement'.
It has been widley posted on here by many luminaries that the spudding of new hole will take place this month....
Why weren't we expecting all the negative news 'just about to be released' when the stock went from mid 10's to where it is now over the past 4 months?
You have all seen the huge volumes of shorters...at some stage they have to exit a position for a few...........no doubt they are aware of the closeness of drilling....
Better market day means a few more risky stocks that have been belted become a little more palatable this = shorters chance to dispose of some excellent profits they have made.
Why does everyone movement up mean news but equally every movement down not be met with the same chorus of somehting is in the wind?
We know it is ...any day we will get news of when the hole starts!
my take on kar chart, page-61
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Last
$1.48 |
Change
0.000(0.00%) |
Mkt cap ! $1.187B | |||
| Open | High | Low | Value | Volume |
| $1.51 | $1.51 | $1.48 | $9.090M | 6.098M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 34975 | $1.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.49 | 3831 | 1 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| KAR (ASX) Chart |