I would say they were under some pressure to release some news? and hence made an announcement that was a little wishy washy. Hopefully they can right the ship with some good news on the quarry or some good news on the km's of old core they have.
No doubt that this selloff is overdone but in combination with the general market sentiment we have had a good old spanking. I have a fair investment here and am well under water here as most are at this SP but just have to ride it out. These stocks can pull back a long way and then go multiples again if the news is good. Let's see how it plays out?
NIS Price at posting:
4.9¢ Sentiment: Buy Disclosure: Held
