What does 'standout' now is the market is now expecting 'standout' results (ie, high grades).
So if/when the grades are released as average or poor (highly likely now), the market will be or feel misled and its back to 2c.
Thats been my market experiences when Directors mislead the market with comments like that.
I guess the Director who sold 5+million shares at 5c+ knew what he was doing.
It was a sure sign to sell as some here said they did. I was the idiot that brought another 1.5 million shares at 5c, but also lucky i was going to get a few more (lots more).
Oh well i guess if it goes back to 2c after these results its a buying opportunity for some.
2021 what will it bring?, page-61
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Change
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Mkt cap ! $51.81M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 36 | 20884956 | 1.1¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 11814202 | 13 |
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