Sodhim, when you take a look at the state of the world economy, then Carbon Energy may well go lower before it goes higher.
I hope I'm totally wrong in saying this but you only have to see what is happening to just about every other stock out there, all down big time, so it would be fair to say Carbon Energy is and may continue to follow this trend.
I know icxp or karma would love to get on here beating their chest saying I told you so if it goes lower but they are no Nostradamus, it's pretty basic to see the trend being suffered by just about every company out there.
I've maintained for sometime now that the world economy has to turn around before we see any enduring upward trend in the sp, on the back of good news and this applies to most other companies in my opinion.
So having said this, I'm sure you understand this in no way means that Carbon Energy and it's technology is the reason for any downward trending, all it means is it's unfortunate timing for all of us.
Cheers
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