J&J,
The reason for the price rut (albeit temporary) is fairly easy to speculate, IMHO. The MD, Damon, pi*sed me and quite a few other shareholders off when he bust a bit of a trust bubble by firing off at small placement a few weeks ago.
He said he didn't need to, said he wouldn't do it; but he did. The placement was effectively vetoed by the PI/SIs and an inconsequential/meaningless amount was raised. He took quite a bit of the pre-drilled heat out of the SP. Since then, he's been chastised by me and others but we've moved on and now looking forward to spudding the MX-1 ....only a month away.
Cheers,
Like Unexploded Ordinance, page-16
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0.7¢ |
Change
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Mkt cap ! $22.46M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 8 | 8153126 | 0.7¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 5472839 | 5 |
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