Try reading the last accounts and recent placing RNS for a start...
Company has plenty of cash and overheads are extrmely tight.
Read the RNS. "flow from the well is most encouraging" the language used totally contradicts what was in this Strachan report which frankly noone has even confirmed reliably that has actually come from Peter Strachans website. It could be totally made up from a poster with a clear agenda... its a paid subscription website and either the article is taken down or it frankly doesnt exist...
Think.
Tiny volumes are currently being traded, the lack of liquidity is massively skewing this downward move and creating frankly an astonishing buy opportunity. People were piling here over 20c and tbh not much has changed at all since then on a fundamentals basis. they have tested 1 zone which flowed but not commercially hoever form a very thin poor layer. The second zone is being tested at the moment and "flow from the well is most encouraging"...
You aussies may be rinsing us at cricket but blimey you are an incredibly shaky/nervous bunch.
Night all.
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.778M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
19 | 17055686 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 4706204 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
19 | 17055686 | 0.003 |
9 | 8084666 | 0.002 |
4 | 51800500 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 4706204 | 5 |
0.005 | 4750245 | 4 |
0.006 | 7027961 | 6 |
0.007 | 4301142 | 3 |
0.008 | 5001991 | 2 |
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