averaging down to recoup is a sure way to lose even more.
If there is no gas in the last 2 areas the SP may end up 1c or less.
I hope for holders they find plenty of gas and the SP rockets....but sadly it wont happen.
Can only go from past performnce with this company, even the SP was pushed up to 7.5-8c to allow for a quick rights issue...lol
Just be careful.....coming from someone who lost 6 figures on this previously...over 200k......im bound to be bitter but learn from my mistakes if nothing else.
I feel it may see 4c before 10c
Good luck all.
GDN Price at posting:
11.0¢ Sentiment: Sell Disclosure: Not Held