Actually, I think that was a sell into the left-overs. Someone is definitely selling. Oppies have also been sold.
IMO, I doubt that it is any long-term investors, just traders playing the TA game. They don't know it yet, but they will be sad when the SP steps up to the next level and they have missed out on the extra profit.
I've been hopeless in predicting SP movements so I'm not going to. All I will say is that their are two resistance points up to 21.5 cents, one at 11.5 cents and the other at 15 cents. Either of these could be the new support if the JV/Merger arrangement is good, which I dare say that it will be.
It is a shame that I did not get to the AGM because I could have asked a few questions to get some more details. Still, all going well... Just waiting and holding tight... again.
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