Well it looks like the bulk of the seller is one person for nearly 200k so there is still support there
The buy side at .002 is starting to build again which is encouraging...
also....this year their drilling has been 100% successful and they managed to pick up a distressed (producing) asset at a very good price, so not is all bad.
I also am not happy with the lack of action this half. At least they are conserving their cash and hopefully won't have to to any raising of funds for sometime.
One piece of positive news or a well producing in the 100's and we will see a big percentage rise in the shareprice :)
FUT Price at posting:
0.2¢ Sentiment: Hold Disclosure: Held