This forum and post are nothing but a sham..every time there is a thumbs up someone votes it down..grow up downrampers..
Reality is that people bought in to this share on a short term basis..some sold some held..plenty sold and lost big time..some still hold..perhaps they will get rteturns..who knows..
Here is how I see things.
There is now a consolidation period, like any business you have to put in to get returns..
There is a capital raising to ensure the company has the necessary funds to move forward, its obvious that the SP would have moved down as there has not been hysterical news every week to support it..
NO doubt there is oil here, plenty of it, they are working towards getting everything in place to move forward as a junior oiler..if the risk is too high for day traders and short termers sell out ..but for those with experience, they will say that those who follow oil plays know that when they strike and come to production then at least a 500% increase is the benchmark..there is always plenty of ups and downs until the final climb to the plateau increased sp..if the play is too hot get out..do not ramp the comments of others down all the time.
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Last
1.6¢ |
Change
-0.009(36.0%) |
Mkt cap ! $20.39M |
Open | High | Low | Value | Volume |
1.6¢ | 1.6¢ | 1.6¢ | $11 | 667 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2389 | 1.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.3¢ | 2223 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2389 | 0.016 |
1 | 50000 | 0.011 |
1 | 10000 | 0.010 |
1 | 369069 | 0.002 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.023 | 2223 | 1 |
0.029 | 161037 | 1 |
0.032 | 100000 | 1 |
0.045 | 22000 | 1 |
0.050 | 170000 | 1 |
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