Look at the low volume...and today is the last day for investors to get cheque in for rights issue at 3c with free oppose. Obviously some small small punters locking in profit by selling in 7's to buy back through rights.
Do you understand the frac process? They have to get the pump online to get the frac fluid/water out first...still a minimum week till anyone knows. You may still be right, but quite premature with your call..
re-news today, page-2
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