Essentially a freefall from 24c to 6.5c and a 40% drop since July once the downgrade came in with no speeding ticket (or whatever its called) from ASX. Simply minimal buyside interest since the indifferent result sowed doubts as to viability and it looks as if someone is deliberately selling down to the best bid late in the day to drive it as low as possible, just 1300 odd in the match to a new low of 6.5c.
I don't think shareholders want to wait till the AGM to hear some comforting news. At the moment the share price is acting as if the company is in terminal decline. I find it hard to imagine that you can administer over $13bn unprofitably, but they have been giving it a good try.
Still investment averaging so its hurting.
XPL Price at posting:
6.5¢ Sentiment: Buy Disclosure: Held
