I agree, no way on god's green earth AP, ex merchant banker is intending to lose money ' propping up' a share price... Never gonna happen.
However it also means that the company is not in a closed period and that for now, the market is fully informed, as far as may knows.
A cynic could argue that the price was dropped on purpose, but I'm doubting that when you already have 250m shares, the paper loss would be ugly... Plain think he is just taking advantage of a globally significant oil find valued at just 230 mcap.... As did I yesterday...... Occams razor. if you will..?
Cheers tc
MAY Price at posting:
8.7¢ Sentiment: Buy Disclosure: Held
