Random pumps higher is a symptom of manipulation which relates back to what I said about too many shares on issue. You can’t play with the price if the registrants more tightly held.
The sheer amount of churn required to push this higher is what’s holding it back. There is too many shares on issue
Ann: Flames-Maroons Development Multi-Well Drilling Update, page-17
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Last
1.1¢ |
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Mkt cap ! $54.88M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.2¢ | 1.1¢ | $0 | 1.264M |
| BRK (ASX) Chart |