That's the odd thing about the share market, if the collective don't think it is worth it, regardless of the fundamentals, then at that time the SP won't move very far. Not to mention the other playing that goes on.
There are other stocks around, that will have you scratching your head for the same reason.
We do have a couple of announcements this week, and then the auction. At least it isn't months to wait, nor just drilling results, as we have the real thing, which is being sold next week.
The market is a tad frustrated in that they can't predict what the auction amount will be, and that is why the fence sitting, and unwillingness to even take a punt, and the negativity. They can't explain it, so better to rubbish it, which is human nature.
Will see how the week goes, and after the auction, I am guessing some people may regret their decisions to sit on the fence, but I guess how it works.
Cheers
gsmaree
MUS Price at posting:
16.0¢ Sentiment: Hold Disclosure: Held
