VRE 0.00% 2.0¢ view resources ltd

re: view sold off & not a dog Lets see what the share price is...

  1. 18 Posts.
    re: view sold off & not a dog Lets see what the share price is by July 2005 from a share price of 23 cents.
    Anyone can look at a chart and say wow it looks shocking after its fallen so much, you have to understand the reasons behind the fall, at the end of the day its the fundamentals that will decide where the shares go.
    I think everyone knows that a 10:1 consolidation was done so the shares are now worth 2.3 cents at 23 cents, a low price in 2003/2004.
    Im not worried about the recent pullback as it provides an opportunity with drilling at zone 29 full steam ahead trying to confirm mine extensions and the completion of Carnilya Hill decline extension due in early May 2005.

    Its mainly day traders and discount brokers who have ruined the stock keep a watch on the stock on any given day and you will see the low volume which is not a true reflection on a stock going down.
 
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