A 10% drop in the sp is to be expected when carbon is associated with this attrocious reporting.
Let's not forget that pacific bought into the company a couple of months ago at 60cents per share. This is my major thought when considering the future outlook of the company.
It is my belief that with 4.5million shares traded today, there are still some willing to accumulate, possibly some from pacific looking to increase their holding.
Hopefully when the dust has settled, the amount of coverage of this tech and the fact that there have been no environmental breaches (according to CXY), this may in fact turn out to be a positive advertisement for all three players.
CNX Price at posting:
34.4¢ Sentiment: LT Buy Disclosure: Held