I understand the thesis. I just don't agree with it. Or rather, I don't think that it is necessary to interpret events in such a way. The volume was sufficient to drive the share price higher at a time when there was a reasonable expectation of news and where other news items (such as funds from Calicanto sale and drilling results) came in reasonably positively. You could argue that the movement down to 0.6p was on low volume such that any buying at all would result in a shift in the share price.
wish i could sell out too but i am 98% down on this and would cost me more in dealing fee's to sell. worst mistake i ever done was to buy into this i would not invest another farthing into their pipe dreams. i should have done what some of the bod done and sold out before the massive crash and shareholder destruction that happened.
It looks like they have sold some more this afternoon to the detriment of the share price. It could be creating a short term opportunity if you believe that news coming up has the potential to positively affect the share price.
that bit makes me laugh williams try telling my holding in this company that which is down around 98%. oh i see we have another extention on top of the last extention on top of the last extention and i am sure there was one before that too. this lot have done more extentions then the local builder. what a joke
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