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Aqua, You might need to re calibrate your definition of a "OMG"...

  1. 258 Posts.
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    Aqua, You might need to re calibrate your definition of a "OMG" event.


    If you have a look at the course of sales on last Friday a whopping 1000 shares traded for a value of $63 that moved the market from 0.55cents to 0.063cents. Today we have a somewhat more respectable $8k worth of trades that have moved the SP another 0.002  to 0.065. Not exactly Kidman Station material.


    I'm guessing with the next QTR Financial Report due now, it will show that available cash in the Bank is once again going to be tight.


    We have already been advised that another share placement and capital raising has already been flagged for the AGM next week. 


    IMO some shareholders both new and old would like to see the SP  as high as possible as anyone would expect, it not only goes to improve the value of their holding but assists the VWAP calc in raising more funds which no doubt assist all holders.




     

 
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