Fear is one of the main drivers of the market. (Cost me heaps over the years.) Once a stock has been afflicted by P&D by day traders, real punters get even more fearful.
Name any junior in O&G with the projects in place, income stream and prospects that VIL enjoys that has a SP as dismal as VIL. We should bear in mind that VIL is still an investment coy, not an O&G junior.
If Sidi and FP2 can get up and running, stock will be at a level that will please almost everyone - IMHO an absolute minimum of .05c.
I just loved a post I once read (cannot recall stock) which quoted Warren Buffet as saying "I made a lot more money sitting on a stock and waiting than I ever did, buying and selling" (or words to that effect). Holders will benefit from the maestro's words.
Miki
VIL Price at posting:
1.5¢ Sentiment: Buy Disclosure: Held