Well it’s priced as a shell and the expected poor upcoming drilling results have already been priced in as the best 4 visual results have now been released and clearly the market wasn’t impressed and realistically they weren’t great.No idea which way the sp will go from here. Obviously a CR is required and nothing exciting planned for the foreseeable future but I’m expecting a pump of some form for the CR. That will be the time for me to offload the few I have remaining.Glad I had the opportunity to exit the bulk of my shares on the recent spike but watching the trading the dumping volume was relentless and was never realistically given an opportunity to run. A large % of stock changed hands which should in theory form a base around 4-4.5 but management give no confidence or excitement to hold long term.I have had a gutful of management as there more interested in other companies there involved with and this is just a lifestyle company for them to fund there holiday’s and children’s education as they have minimal holdings in the company.
MTM Price at posting:
3.6¢ Sentiment: None Disclosure: Held
