Maybe the option holder will stop exercising now the shares are at/below 19.5c - technically the chart is bloody ugly and support at about 20c is struggling to hold with next support around 17c. Only consolation the RSI is in the oversold zone. So all gains since April 2006 have been lost (with the price of gold still over$900AUD)and buyers are just not interested. The Directors might need to explain wtf is going on - if they can't mine the gold economically why are they reducing the value of the company with a spin off. Is there some problem shareholders are not being told about? Anyone know a Director?
CRE Price at posting:
0.0¢ Sentiment: None Disclosure: Held
