ORP 0.00% 3.1¢ orpheus uranium limited

What Does ARE Board Need To Do To Restore Shareholder Confidence, page-14

  1. 5,333 Posts.
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    I think people were prepared for this as a potential scenario (as per my post #:59072690) and the SP of 0.6c was in fact reflecting this situation. As I have said before, general public are more conservative about their investment and that doesn't favour spec stocks. Hence the SP pre TH was leaning toward the chances that something was not right in absence of update announcement for a while.

    I can only conclude that sooner than later, the SP will go back to 0.6, as it is inevitable that ARE will keep moving at least one of the projects, and the SP will remain at that level till we are clear on one of the projects come back on line. Then we will go to prob 1c. The direction then after, it will all depends on the eventual coutcome of course.
    Last edited by tuts: 25/01/22
 
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