Rightly or wrongly the market does not believe the discovery will be commercial or commercial in the near term.
Ambiguous comments from CEO re future funding coming from alternative sources when we ended up raising via a discount CR has also hurt, along with a potential rights issue that is now looking less viable for SH and it’s details remain unannounced.
No updates from the CEO re any of the drilling / logging results since December doesn’t help.
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 430000 | 7.0¢ |
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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2 | 430000 | 0.070 |
3 | 420000 | 0.069 |
9 | 682793 | 0.068 |
5 | 309984 | 0.067 |
3 | 260000 | 0.066 |
Price($) | Vol. | No. |
---|---|---|
0.072 | 81256 | 1 |
0.073 | 417251 | 5 |
0.074 | 954171 | 4 |
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