Face it guys, a big placement was done and the share price was diluted. More shares in the company now means less value per share on any finds.
And investors were pissed off at the insider knowlege of the placement, simple as that. It's a sign of...don't trust you no more, just like many other stocks in the bear market. The ones who've been burned are answering with their dollars (or lack of)
They have revalued the company to what it's worth today.. ie 66c is the true market value at this time.
Sorry for being a boring old fart sailorgirl.
Bomber
HDR
hardman resources limited
