100% agreed. I did post last night saying it just makes no sense...

  1. 314 Posts.
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    100% agreed. I did post last night saying it just makes no sense whatsoever... I think due to the performance of the company and the negative sentiment a major backlash has come through when the answer is completely unknown. The short position uptick coinciding with this however is not reading very well.

    I think most people had placed the company as running at breakeven currently (although given TPS output this looks like a slight operating loss), drawing down on the funding from Dyno and expanding gas production, while sitting on a cash position that was very comfortable incase of any short falls in the near term. It seemed quite simple, just needing execution on the gas growth.

    I'm not exactly sure where this CR fits in and my last order was put through on the assumption no CR was imminent considering the quarterly and cash position. The uptick in shorts begins 1 day after the quarterly, so it could've been decided immediately after this quarterly that they were going to raise funds and they will get away with it.
 
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Last
3.3¢
Change
0.000(0.00%)
Mkt cap ! $101.4M
Open High Low Value Volume
3.3¢ 3.4¢ 3.2¢ $350.6K 10.85M

Buyers (Bids)

No. Vol. Price($)
1 272502 3.2¢
 

Sellers (Offers)

Price($) Vol. No.
3.3¢ 960424 4
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Last trade - 16.10pm 30/07/2025 (20 minute delay) ?
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