90lives,
You say " Hard to hold/buy when the market is behaving like this," ... It's NOT the markets behaviour that's causing this and that is the good news.
it is now very obvious (from the announcement) that one entity is selling off at any cost. Maybe they want a capital loss as a tax offset ..who knows .. good riddance to them ASAP.
The same crap is happening to TNG and it has held back their SP for a long time... maybe that's probably why they spun off assets into Todd River Resources.
Once they are finished selling I would expect the SP to re adjust very quickly.
cheers
HR
No advice, just my take on it.
Ann: Change in substantial holding, page-21
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Mkt cap ! $37.43M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 1.9¢ | 1.8¢ | $5.116K | 282.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 2160348 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 999991 | 1 |
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