I'm not sure that the share price has gone backwards because of the announcment although it does at time seem that way. Interesting offer movements again although this time the offers are visible with 3million shares at around 10c on the sell side. So 1 to 6 ratio Buy to Sell so I assume that will put further pressure on the price. It would be nice to know the circumstances around these shares and whether it is someone who has lost faith and taking a loss before the end of the FY(likely) or whether they have brought in the dips and are going to make some money. It will be interesting where the price end up at 30th June if the flow of sells continues. Anyway the joys of being a shareholder of a gold explorer.
PRX Price at posting:
9.8¢ Sentiment: Buy Disclosure: Held
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