this is how money is made, page-85

On the 04.06.14 TON announced "Enormous Graphite Intercepts at Nicanda Hill".
The share price jumped from 17.5 c to 42.0c that same day.

Since that day, the news has reinforced the initial speculation.

The jump that day probably overshot the real value but you would have assumed that further results since then would have added value.

So today we find ourselves somewhere between 17.5c and 42.0c. The burning question is there a price in between that the market will settle on?

Right now we are closer to 17.5c than 42.0c.
While the number of shareholders with a paper loss or real loss is increasing every day we go further down, there are still many who have bought below 17.5c. It is these people that are jumping off at the moment trying the save a profit.

Perhaps we have now overshot on the down side.