Looks like the folk thatclaimed this was a pump and dump were correct.
In early May the SP went beyond 5c, the subsequent dump has almosthalved the SP in just a couple of weeks.
Directors have been lavished with many Millions of extremely cheap shares andthe company is no different from most speculative exploration stocks.
Anomalies prove nothing, and anomalies are all we have. The drill results needto be spectacular to maintain the market cap as it is now,
If the drill results disappoint in any way, then there is a very long way forthe SP to go down.It was 0.2c for a reason notso long ago.
There is not a great deal of money in thecompany either.
The Directors would benefit if the share price were to fall evenfurther before the inevitable CR as it would cost them less money to maintaintheir percentage of the company.
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10 | 3638527 | 0.028 |
3 | 1068888 | 0.027 |
5 | 1051383 | 0.026 |
4 | 341000 | 0.025 |
Price($) | Vol. | No. |
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0.031 | 274985 | 2 |
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