Well, what do you think is going to happen to a share that a) uses the words 'more than halved', plummeted' and 'plunged' in its interim reports and then b) makes bold forecasts to the tune of lower production volumes still going forward and c) is witnessing a fall in the price of its primary product?
Just reading the last years SEN's will give you a good idea why price has been falling. Add to that the folly of buying own shares at ave 122c even recently, mothballing some shafts, trying to sell Cons Murch at the wrong time, diversifying into coal etc. Sounds more like a company in panic mode.And, the other head scratcher, why is Bernard still buying for his trust. He probably is down 30% on recent purchases?