Can't blame you for selling profit. I would consider it too however this share whichever way you look at it is undervalued! Multi-million pound projects and a market cap of less than 3 million! This could fly on some real news!
means people have sold 70 million shares and market makers haven't found buyers for them yet. I'm sure riddler can explain this better but the MMs create a market through supply and demand of shares. At the moment there is not much of a demand in comparison with the supply (70 mil) hence why they are dropping the price to shift (sell) them.
having time out = stagnating in this context
One thing to bare in mind is if the share price continues to fall it will become an increasingly attractive buy to any of the big daddy miners like Rio Tinto who announced a deal with KDR recently causing it to rise 300%. It rose from 1p to 4p but has since dropped back just below 3p - still always possible.
I think the reason we are all here is we know the share price is cheap! The risks however are greater which is why TBG1 is shorting or simply being negative! One piece of good news e.g. profits from any one of its prospects and this will bounce! You could get some violent swings on a significant piece of news in this share which is why i have only invested about 10% of my cash in this. DYOR
I'm seeing 132.64m shares issued with a M.C. of 232 million while on Digital Look im seeing 185m shares issued, M.C. of 3.25 million
http://www.digitallook.com/cgi-bin/dlmedia/security.cgi?username=&ac=&csi=196936
just wondering if anyone knows which is correct, as its quite a difference - 50 odd millions shares that is lol
that does look good :D probably just an error because the market is closed, does that on most sites, although i've never seen an increase on that scale before, fingers crossed it does open at 7p lol
they raised the price and dropped it almost immediately probably because they want shares, more chance of people selling at 2 than 1.75, just my take on it, looking forward to next week :D
i bought in at 2p yesterday, hoping for a quick rise today, it hasn't but I'm holding for next week. Definitely worth a punt, doubt the ask will go down any further now