My 10c worth.
1. I agree there is risk.
2. Will it flow, how much, over what interval, rock porosity, water content etc etc?????
3. Was the announcement price sensitive?
4. Was ir poorly worded?
5. Is this a conspiracy?
6. Is the announcement incomplete and requires further clarication?
So many theories here.....
Sorry Arachne I agree with your buy low and sell high, BUT the announcement ONLY covers the Plover, clearly uses the "bad" word in a mere descriptive way and is part of a very short notice.
I (if my wife allowed) would bet my left knacker that this notice holds no poor conclusion or future knowledge of the same.
Watch it go down and then bounce around $7.50, unless Scotty gets the wheels turning and clarifies this announcment before market open as THE MARKET WAS SILLY IN SHAVING 24%OF KAR FOR A SINGULAR "BAD" WORD.
No result or lack of a clear result is inconclusive.
Wellington playing games again - as mentioned before we are but small fish.
The big boys controlm this....
I AM buying more at an appropriate time tomorrow.....
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Open | High | Low | Value | Volume |
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2 | 16463 | 1.560 |
2 | 9463 | 1.555 |
4 | 21324 | 1.550 |
1 | 6463 | 1.545 |
Price($) | Vol. | No. |
---|---|---|
1.575 | 6463 | 1 |
1.580 | 39463 | 3 |
1.585 | 12663 | 2 |
1.590 | 18728 | 2 |
1.595 | 52493 | 5 |
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