If we look at the positive, there has been no "sell on news" effect that we saw in September, because the SP has not been pumped prior to ann by ST and daytraders. This is a great thing, because I think it should take some volatility out of the SP and increase the likelihood of a slow, stable rise as the story spreads and more people buy in. It appears that we will get a nice trickle of news as the seismics are progressively interpreted, leading into Ice 2 next year. I for one am very happy how management are handling the news flow. We don't need price spikes.
If we look at the positive, there has been no "sell on news"...
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Mkt cap ! $57.78M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 503 | 575533619 | 0.2¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 625541626 | 146 |
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| 88E (ASX) Chart |