It would be good as a consolidation usually drops the share price lower due to idiots thinking the price has massively gone up and then they sell. Management can then step in, scoop up a huge amount of cheapies, firming the registry and eventually pushing the price back up as the SOI will be extremely low. With more and more cash pouring in each qtr, the price would increase as more serious buyers move in to buy the now limited poool of shares
Ann: FMDP Drilling Update, page-39
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Last
1.2¢ |
Change
-0.001(7.69%) |
Mkt cap ! $57.17M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.2¢ | $62.67K | 4.899M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 16812807 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 22002260 | 13 |
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