It is totally illogical. Not much volume has been to bring the price down. Seems to be one or two people selling down their positions based on timing and volume, perhaps exiting before financial year-end and taking a loss. Wouldn't be blaming the management for somebody exiting under distress. The farm-in deal with St Barabra sets Horn Island up as a potentially huge opportunity regardless of AQX further works. Couldn't be a more bizarre timing to exit in my opinion. My understanding is the stock is tightly held with major shareholders I'll be buying more this morning at the current price, based on the depth it doesn't take much buying to get the price back up to 2c.
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