Bermuda, long time no see or hear.
""(Looking to the left of the screen I see the sp has only dropped @20% since that announcement.)""
Now, You wonder why.....
And then look at the volume in the buying and selling, and you will soon see what is happening here.
No liquidity either IMHO. Can you see any.??? If you own shares in this outfit and you want to sell some or all, there is only one way that the share price will go..............................
But never you mind as someone will still make some good money in selling watches, or fairy stories.
Cheers