One of the (many) positives of this stock for me is the continued buyer interest at 0.6c.
I've noticed over the past few weeks that interest has remained strong in 0.6c despite massive sales at that level since XE. I would expect that many of the buyers are not existing shareholders, as they (we) would have likely gotten our top-up from the entitlement. Additionally, it doesn't appear as though buyers are jumping from 0.5c -> 0.6c, as volume looks constant on that front.
In conclusion, I can only surmise that there is a genuine interest in this stock from outsiders, many of whom have now got their fill at 0.6c. Just need an update about drilling and we'll be on our way... and I have full trust in the management team, that they'll act in our best interests.
Thoughts?
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