The share price is continuing to fall because there has been no news of any value for far too long.
No common sense being used by the management re news flow and letting shareholders know what is happening. Don't they understand that failure to provide updates usually means that the results are below expectations and this causes the share price to fall.
Since you know that there is good news on the way maybe you should tell us exactly what this is.
To be fair it traded pretty tightly for a while between 1.5 and 1.65p, it has slid on no news and a contemptible silence from Rory the Wonderboy. This means nothing as long as the next news is good news, if it is bad production news and compounded with the silence then down we go.
This share is a traders dream.....huge range of SP for no very good reason.....can guarantee that it will tear up again the minute we get some good news [often out of all proportion to the news], and then retrace equally dramatically. I think it may drop a little further, but we are so close to a news update that shorters will have to be careful. I am tired of the yo-yoing, and as soon as it gets past 3p I will be exiting at least half of my holding.
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