Hard to say where this will go on successful flow rates. The share price is not following normal supply / demand logic and is clearly being controlled. Yesterday saw the price go down to allow day traders to stock up before the next news update, and then conveniently the LSE has a rise last night to get a possible higher opening today. News will come out and then the traders will dump again.
Will be the same on successful flow rates and this will cause us more problems as we need a good post flow rate share price to hold so that the next capital raising can be done with less damage (unless we get a JV which is hard to see on unconventional). Additionally now that the sell on news has become the established pattern normal LTH's will probably try to take advantage to top slice and buy back in lower, but this may not be a good idea as the pump and dump brigade may be planning on this happening in order to swoop in on unsuspecting sellers.
If flow rates are successful than the project will be successful - it just becomes a matter of time and a matter of how successful.
So my guess on success is 15 cents with a quick drop back to under 10 cents so big buyers can accumulate in the 0.1 cent increments and then when they have their fill a gradual rise back up to 15 cents and onwards on the various news.
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.86M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.2¢ | $31.76K | 15.34M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 14573501 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 473268494 | 221 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 13210001 | 0.002 |
222 | 902354202 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 435695727 | 211 |
0.004 | 268594591 | 99 |
0.005 | 111579541 | 42 |
0.006 | 36092900 | 34 |
0.007 | 24363917 | 21 |
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