I too have been watching TTN as I like the idea that it makes money. I noted yesterday that it's share price dipped below it's trading range so I too have been looking for reasons why.
I noted that it had an announcement that about purchasing Rig 3 and that it was going to do a drilling job for a new customer called Metgasco. So I checked the posts for MEL and noted that there was some sort of protest brewing against it.
Now rather than rely too much on this I then did some more searching and found out that the media have too picked up on this protest.
Here is an example https://au.news.yahoo.com/video/watch/23276423/csg-protest-locals-to-defend-land/
So I am now thinking is this just a storm in a teacup or something more.
However it's back to basics for me in that being I really need a buy signal on TTN's chart to buy it. I can't see any buy signal yet.
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Open | High | Low | Value | Volume |
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Buyers (Bids)
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---|---|---|
25 | 12294189 | 0.6¢ |
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Price($) | Vol. | No. |
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0.7¢ | 1510796 | 4 |
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No. | Vol. | Price($) |
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25 | 12294189 | 0.006 |
21 | 40770776 | 0.005 |
5 | 8700000 | 0.004 |
6 | 7370000 | 0.003 |
13 | 8950238 | 0.002 |
Price($) | Vol. | No. |
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0.007 | 1510796 | 4 |
0.008 | 13436557 | 6 |
0.009 | 825000 | 2 |
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