Yeah the alleged Perennial selling will do more damage than the...

Yeah the alleged Perennial selling will do more damage than the actual placement given Molton just about gets the lot @ 0.6c. The 0.4-0.6c volume will need a little consolidation period and if you look at the chart and where the volume sits you've got overhead volume 1-1.5c from the last few weeks. So, given cash in bank with the major holder taking the lion's share @ 0.6c and where the volume sits, providing the company isnt cooked and markets play ball, I see a potential +100-150% move from the 0.4c level.

Trump reportedly meeting oil execs Friday and threatening Iran. Maybe a couple of Middle East missiles is his play.