Manipulation of the share price here is done by the free market. The cxxt trades are done by mutual agreements (nothing sus. here - just look at the volumes).
The share price regardless of the consolidation will be affected by the exploration results. The biggest problem with the process is what I call a self-fulfilling prophesy. It is akin to the phenomenon called charting i.e the more people who believe in it, the more it will happen.
I would have preferred it happen after RGN results. Maybe the company believe that this drill is not a big deal to the market (as Lockyer will be). They sure seem to be in a bit of a hurry to get it done now which makes me believe they have the next drill aligned with the Black Swan Survey - premier showing in 3D at the EGO cinema next month.
The top few shareholders would have already given their blessing i.e they are not afraid. They bottom-draw whereas us little guys have the luxury of anonymously protecting capital if it gets too hot.
EGO Price at posting:
0.4¢ Sentiment: Hold Disclosure: Held
