It was an oversubscribed IPO, so I think the brokers did their job. The performance of the stock rests with management imo. As for them selling at a loss, I'm sure they would rather sell at profit like anybody else but when in the last 6 months has there been an opportunity?
A tough day for holders, but one positive is that we finally got the drilling results that they have been promising for 5 months. Let's just hope they keep the drilling results coming in a timely manner and see what happens.
Good luck all!
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
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1 | 150000 | 0.009 |
1 | 606442 | 0.008 |
6 | 1013482 | 0.007 |
5 | 1092994 | 0.006 |
4 | 1999995 | 0.005 |
Price($) | Vol. | No. |
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0.012 | 342413 | 1 |
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