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  1. 5,391 Posts.
    *slight retracement inevitable*** now that the news is out there should be a period of distribution(selling) based on buy the rumour sell the fact"

    my prediction is a sell off to 13c-13.5c b4 really lining up the next push towards 20c.....the shareprice is currently overbought and at some stage soon there WILL be a retracement....

    final point ,the option holders who converted may take some profit and drive the share back for a period while it settles and the market takes in the news ...once this occurs we will see the next move north to be significant......so expect a retracement in the very near future........cheers Jam
 
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