I think you nailed it as far as the price dropping is concerned. I reckon a lot of people's heads are gonna explode if they read in one more Quarterly that offtake discussions are progressing well.
Personally, I still think that the offtakes will be ready when they need to be ready, but it seems the market just called me a fool.
Ann: September 2016 Quarterly Activity Report and Appendix 5B-CXX.AX, page-45
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Last
1.5¢ |
Change
-0.001(6.25%) |
Mkt cap ! $7.949M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.6¢ | 1.5¢ | $25.15K | 1.639M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 305692 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 487793 | 2 |
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| EE1 (ASX) Chart |