This link about Cooper energy, from a few months ago was posted today and the following line from the article might go a long way in explaining the current share price....
https://insufficientcapital.com/2019/05/31/insufficient-capital-may-update/
"Few investors are willing to invest on three-five-year time frames for future earnings potential."
It's towards the end of the coe article...
If that is representative of the current fund management industry thinking, then no wonder we are at such a low price, and no wonder the country is going to wrack and ruin. If no-one is planning to invest for the medium term, then it explains why so much gets sold off to foreign countries so cheaply. 'We' as in our investment industry have a tendency to give away great resources to overseas companies, for short term gains.
It makes me think that a lot of the selling since October might have been funds cashing out, not prepared to wait the couple of years necessary to bring WE into production and couldn't care about JAWS.
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