Hello all,
Am I missing something here? Recent arrival in the stock paying 2.0cps to be a part of the drilling so please excuse what could be seen as a simplistic question.
I see an update which says mineralised zone hit in every hole (I assume there is enough in alteration/visual to allow this confirmation pre-assay) and that the programme is as a result being extended. Yet it sells down to 2.0cps.
I can only assume that people several days agao paying 2.0cps for the lottery ticket of drilling are not the ones selling here. I appreciate that existing shareholders are long suffering. Is this just a case of existing shareholders selling into volume to 'wash ones hand of it' rather than waiting to see the results?
Regards
DC
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
1 | 249999 | 2.5¢ |
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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1 | 249999 | 0.025 |
3 | 810000 | 0.024 |
2 | 521782 | 0.023 |
6 | 753235 | 0.022 |
3 | 926851 | 0.021 |
Price($) | Vol. | No. |
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0.026 | 656213 | 2 |
0.028 | 321000 | 4 |
0.030 | 359325 | 2 |
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