It seems like it's stuck between 23.5-24c at the moment. I look at the market depth and see there's only 60000 shares left at 24c so surely will soon go to 24.5c, then I leave the house for 2 hours, and see there's 400000 shares being sold at 24c again. Almost seems like the ones who buy at 23.5c, then immediately sell them again at 24c.
Do you think the company hitting 750bopd is the significant announcement that will trigger the shareprice higher? I heard from someone on this forum that they heard the director is doing presentations to stock broking institutions in August. Will that be the trigger? Or will it be when they start doing activity on Boling Dome? Isn't that supposed to be even more potentially prosperous than Blue Ridge? Haven't even spoken about Nash.
What does everyone think is the most important step MAD needs to take next to see the share price breakthrough to higher levels?
FDM Price at posting:
23.5¢ Sentiment: Hold Disclosure: Held
