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I think the low share price is a bonus if you want to buy some more. But if I knew nothing about the company and looked at the price and its action over the last few months only or compared to historical data - yuck - hence why it's a negative in my view...
If everything was that easy to predict there wouldn't be a need to invest in anything. This share is under valued and overlooked by almost everyone (there maybe good reason for this - failure to deliver, management, covid, stagnation) but at some point this will change big time if they get it right..
2024 is probably when they get helium out the ground and to the market, but along the way there are key milestones that will push the share price up (eg seismic, drill selection, drilling, appraisal etc). Georgina have a much more aggressive timeline and being a new float, they will be marketing like crazy.
As much as we hate Monecor it was Mosman that wanted the money and asked the markets to buy its shares. Monecor are pretty much selling for the price they brought the shares, maybe they expected a lot more from their investment. Maybe them getting out of the share in this painful manner will actual help the investor who have patience and done their research..
They aren't going to announce any bad news on Twitter. It would be via an RNS. It is just a quote from the previous week. Anyone nervous is going to sell out today only to be even more upset again when the RNS comes out..
We have a persistent seller, so we have a lot of traders and investors.
The investors point of view. They are getting helium readings and everything looks a lot better today. Will be slowly accumulating over the coming weeks.