Hi Charlie, just wondering what the tech charts have to say...

Hi Charlie, just wondering what the tech charts have to say after this latest imbecilic adventure into the unknown?
Just when we all relaxed a little with the prospect of some good news, management have demonstrated, once again, that they are still capable of making the strangest decisions imaginable.
It appears to me that the directors are of the opinion that
"the company who has the most shares on offer,wins"
Dilution, followed by silence, followed by a bit of BS. Add to that a couple of mates rates deals, a few failed SPP's, a CR which raised about $12k net (another mates rate deal). Add to that a declaration of a commercial well, that wasn't. Don't forget Silverwood.
This mob seems to just stagger from one screw-up to the next. If they are an investment company then they should operate like one. Diversify into something other than o&g. (a field in which they have demonstrated limited knowledge)

I doubt that even miki, arguably their greatest supporter, could find merit in this latest fiasco.