time to buy more, page-14

I reckon it was DamianZ. That was about the size of the parcel @ 25.5c that I accidentally hopped over on open yesterday.

You could be right Joe, in fact I'm betting you are, it's got a good chance to fall further before June. But as I said, this was a good support level in the past so I'm happy to buy around here while keeping some low ball bids on the table in case of silliness. I'm guessing fair value is somewhere between 35 and 45c, but as I'm not efficient at valuing going concerns I'm trusting you, Firsova, and the chart for now. There is nothing on the chart that says it's bottomed yet other than the old support line. The sudden drop over the last few days usually shakes a few shares loose which is why I've kicked off buying at these levels.

The volumes are still pretty thin, so if the placement holders have any nous they should be able to fake a little interest before selling at 20c! Some may be reflecting on the valuation of the company and increasing their stake considering what they where happy to pay a short time ago. Of course, some will just book the loss.

I don't typically invest in tiny dividend paying profitable companies, so this is a new area for me. It charts beautifully though. The oscillator pick 49c as the first sell signal after the last rise. It hasn't however presented any buy signals all the way down but the weekly candles are beginning to show some signs of a bottom. The trouble is on such thin volume, even today's paltry 15k has affected the indicators.