AP and his exec team has decided that to turn the company into a serious investment by institutions and long term shareholders - it has to behave like one. So far the company has been a plaything of day traders and pip traders - every announcement's intent is manipulated and used to skim a few pips from gullible shareholders.
My view is that they will only announce when it has the potential to bring in serious investors (announcing oil shows etc etc which mimic Almeda 1 drill is not going to cut with serious investors as it is not new news). The next announcement (whenever that is) will have really meat and give the shareprice a sustainable boost!!
MAY Price at posting:
5.4¢ Sentiment: Buy Disclosure: Held
