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There seems to be no activity at all as the only volume showing is from my own buy trade of 268,834 at 0.3525. Its not a good thing to see that no one is buying it but at the same time no one is panic selling as well. And after the positive news of 17.09.2018 what does this silence tells us? Anyone please share your thoughts.
After this below news on 17.09.2018 which seemed excellent news, dont understand why the SP is held so low? Prospex Oil and Gas said natural gas had started being produced commercially from the Bainet field joint venture in Romania. Experimental production commenced at an initial rate of around 0.7m stand cubic feet per day. Produced gas was being sold to the local market at current prices of around €6 per million cubic feet. 'The commencement of first gas production in Romania is a milestone event, which transforms Prospex into a revenue generative investment company,' chairman Bill Smith said. 'With multiple similar prospects already identified on the licence, each of which can be explored and developed at relatively low cost, Suceava represents an excellent, low-risk opportunity to scale up our revenues.' 'Prospex first announced the acquisition of a 50% interest in Suceava in August 2017 and in the intervening period not only has the joint venture made a commercial gas discovery but we have completed planning, permitting and development work and now brought the Bainet well into production.'
Guys anyone have any idea what might have happened today as sp fell to 10.60 for only 2 small trades for the same amount at around 11:23. Very strange, it would make sense for a larger order or with too many selling to this price drop but why and how for just 2 small trades, what on earth is going on??? 11:23:35 10.60 -10,200 -1,081 11:23:35 10.60 10,200 1,081