Management arent driving the price....more like allowing it to happen organically with lack of communication, if someone with experience and enough resources wants this to go down, if the opportunity presents it will....and to their benefit.
Theres absolutely nothing that will stop this trading back to 2.6c imo....thats why they can do it....they know the fundamentals and major holdings are so strong that they can force this down with opportunity and resources, then with little persuasion have it trade back to 2.6c and onwards depending on the opportunities that present themselves...
Im hoping the opportunity has passed the capper and investors from the left start persuading this back up on drilling news....will it be enough and will further good news engagement in the progress follow??? or will it be quite and present more opportunity to the capper....watch for the handbrake at 2.4c and also sell volume in general may be a precursor...
Drilling announcement today....SP may hit 2c quite easily imo
ANW Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held
