Perhaps.
Or it could be tax loss selling prior to June 30th by those who took up stock at the IPO at 40c.
I honestly don't know and would not rule out either explanation.
...but if it is due to poor wire line logging, those selling must be forgetting that this company has many other fish to fry (wells to explore) over 6 leases.
Coop
price decline indicates poor logging results , page-2
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Mkt cap ! $3.306M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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