No-ones really gonna know what impact any of this has on the SP by November/December as all focus will be on the FMDP development.
I can guarantee come december the discussion will follow somewhere along the lines of these options
If market cap down
a) the american listing was so that us holders can get out
b) the consolidation should have been 10:1 not 50:1
c) the FMDP development was below expectations
d) oil price is the downfall
e) DP is useless get rid of him
If market cap up
a) the american listing has worked, we now have more interest
b) consolidation got rid of the pip traders
c) the FMDP development was above expecations
d) oil price is up
e) DP is useless get rid of him
Should be getting the half year accounts today or tomorrow, and hopefully an update on the completion activities
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1.1¢ |
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Mkt cap ! $52.50M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.0¢ | $42.35K | 3.865M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
36 | 12444468 | 1.0¢ |
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Price($) | Vol. | No. |
---|---|---|
1.1¢ | 54435587 | 48 |
View Market Depth
No. | Vol. | Price($) |
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35 | 12314468 | 0.010 |
49 | 28749712 | 0.009 |
24 | 19437821 | 0.008 |
6 | 1971571 | 0.007 |
4 | 591842 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 54435587 | 48 |
0.012 | 12534785 | 18 |
0.013 | 20897673 | 19 |
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0.015 | 5009088 | 10 |
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