I believe this is more a case of the greater fool theory than...

I believe this is more a case of the greater fool theory than anything else, hampered by low volume and the market not fully recovering since the event circa February 2018 that lost investors confidence in the market in general. "This person is selling so I'll sell too because they have to know something I don't, who knows how low this thing could go, forget why I brought in and about all those company updates". The same can happen when a stock is moving up "I'll buy because this thing keeps rising, it has to keep going up, someone will pay more than me, there is no stopping this thing". There really is no other logical explanation here other than the greater fool theory in my own opinion. No one "should" know the results of the latest lot of drilling.