Since my last Charisma Energy posting, its current price has dwindled to the current 0.022/23
How terrible!
It has dropped below the 0.025 mark where the warrants strike price is. As such the warrants are definitely worthless now and it would make sense that sellers will now want to turn the support into a resistance level, to prevent the share float from expanding by >10%. This would mean we will see sub-0.025 prices for at least till end 2016.
WTF.
Anyway, here are it's latest unaudited results for FY2014. Probably the catalyst for the breach of support.
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