In my view.... the raise last year should have been announced with the good initial drilling results in Tanzania and the price hit a high of 3.8c. That high was hit with many selling off for a profit...as I should have done. Instead the cap raise was done too long after that impulse with a falling shareprice. Priced at 1.9c with a free option meant it anchored the price to 1.4c.
they actually continued to get good drilling results in Tanzania but failed to get any momentum because of that poorly timed raise (though I know they needed to do it). Plus, the share registry needs some backbone.....the con notes aren't helping.
But, I'm still in and hoping for a good 24 with some U news!
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In my view.... the raise last year should have been announced...
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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10 | 5125247 | 0.003 |
9 | 6505000 | 0.002 |
6 | 10300000 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.006 | 8491092 | 11 |
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