If this is accumulation, it is the most bizarre way to accumulate shares I've ever seen. Buy a few and then dump even more back.
Looks like a large player exiting. Has looked that way since before December.
Let's face it. Management have made themselves look totally incompetent at times for all the reasons which have already been mentioned on here. The biggest misstep was "We are fully funded to drill our Hook lake Project" (No VAL wasn't because they delayed drilling and the price tanked and the options were worthless).
My take only.
The great thing for us holders is that if the drill results are great it won't matter anyway. All will be forgiven. That's how the game works.
All the best holders.
VAL Chart, page-495
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Last
3.2¢ |
Change
-0.001(3.03%) |
Mkt cap ! $10.30M | |||
| Open | High | Low | Value | Volume |
| 3.4¢ | 3.5¢ | 3.2¢ | $6.607K | 193.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 980069 | 3.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.5¢ | 105000 | 1 |
View Market Depth
| Last trade - 15.57pm 26/07/2024 (20 minute delay) ? |
| THB (ASX) Chart |