I too have been puzzling at the sellers at ridiculours prices of .016 when it was there, 0.015 and 0.014
I dont like it much either. It makes me feel like this is a massive pump and dump, which I have seen so many times before.
BUT the facts are this.
1. There has been no change of interest notices from any of our significant holders. Now if they were selling we would have seen notices by now.
2. CAZA is on an uptrend, surely if they knew something not so good about this well (Amazon)then the whispers would be out and their shareprice would be slowly sinking.
3. This well is a company maker for all companies involved. I dont believe that any of the Australian partners share price has skyrocketed, though I havent been watching TSV.
Surely if you wanted a piece of this actiion you would be set by now? I dont understand the static price either! But I have owned this stock for 4 years now, have seen dissapointment with it (Citrus 7 was also supposed to be a Company maker). I can wait, admittedly watching my Commsec account every hour, for a couple more weeks.
Regards, to all holders
B
QPN Price at posting:
1.5¢ Sentiment: LT Buy Disclosure: Held