alecfra,
Firstly - welcome back. You picked one hell of a time to return.
Its amazing what people cling to in hindsight. The shares opened at 98.5cents yesterday - so I guess at that stage after having 50minutes to review it the announcement was not seen as being negative at all.
The fact is the Logs were obviously put out as cleansing information for the placement. The only thing that can be deduced from the logs is that the Company is finding very large zones containing visible manganese mineralisation which is at the very least a supporting factor to the shares original appreciation.
I know for a fact that the people within the Company were stunned at the share price action yesterday, given that the story is stronger now than it was at the commencement of the drilling campaign. I know they will be taking every bit of rational feedback on board and will almost certainly take action to rectify percpeption.
Anyway I suspect the shares will fightback very strongly in coming days. We may however have to wait for the sheep to fall off the cliff first.
IMO
DYOR
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2.3¢ |
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Mkt cap ! $15.9M |
Open | High | Low | Value | Volume |
2.4¢ | 2.4¢ | 2.3¢ | $2.446K | 105.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 1833551 | 2.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.4¢ | 1139472 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 833551 | 0.023 |
7 | 1326000 | 0.022 |
8 | 1959099 | 0.021 |
8 | 752050 | 0.020 |
1 | 20000 | 0.018 |
Price($) | Vol. | No. |
---|---|---|
0.024 | 1139472 | 4 |
0.025 | 489068 | 2 |
0.026 | 440120 | 2 |
0.027 | 451074 | 1 |
0.028 | 500000 | 2 |
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