It isn't exactly surprising IMO.
We went from a weekly exploration announcement to almost 2 months without news despite having 6 rigs and 2 geo crews on site.
The market is reallocating resources where the newsflow provides short term opportunities.
Since we raised so much money, the share price won't have any impact on the fundamental of the business for quite a while, so not a big deal in my book as long as this dip doesn't justify low thresholds for future performance rights.
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It isn't exactly surprising IMO.We went from a weekly...
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Open | High | Low | Value | Volume |
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Buyers (Bids)
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---|---|---|
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No. | Vol. | Price($) |
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4 | 205600 | 0.033 |
1 | 7000 | 0.031 |
3 | 47000 | 0.030 |
1 | 33366 | 0.029 |
1 | 35714 | 0.028 |
Price($) | Vol. | No. |
---|---|---|
0.035 | 127743 | 4 |
0.036 | 50000 | 1 |
0.037 | 125000 | 1 |
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