The way I figure it (and the reason I have not sold) is;
* The only way the Board can justify no announcements is if it would be to the detriment of the company,
*. If the Board is aware of bad new / negative results and they do not let the market know they will be personally liable,
*. There is no way they do not know the results from the wells they have already dug,
*. Therefore it must be good news and the Board is improving its position (obtaining more leases) before it announces to the market and risks another company getting the leases.
*. It must be very good new if they are so concerned to protect their position.
Happy for someone to tell me how wrong I am. I have a large stake in this company so would prefer to be told I am an idiot so I can move my money
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Open | High | Low | Value | Volume |
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---|---|---|
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2 | 55394 | 0.019 |
3 | 221769 | 0.018 |
1 | 875000 | 0.017 |
1 | 166720 | 0.016 |
Price($) | Vol. | No. |
---|---|---|
0.023 | 157888 | 1 |
0.025 | 150000 | 1 |
0.028 | 120392 | 2 |
0.029 | 499999 | 1 |
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