Well, that is a fair old imbalance in the supply and demand equation.
A very clear sign that the selling can officially be declared exhausted in this price range. Next stop will be in the 5's - 6 - just my views.
Strong announcement and it could start marching towards 10c
The real advantage at the moment is that the SP is increasing in the absence of news.
This, in my view, is outside of the normal pattern and SP fluctuation of junior spec companies. The pattern I have observed is, news - then all sorts of buyers pile in - the enthusiasm subsides over the ensuing weeks - the sellers arrive - the sp drops - and people say bad things to each other on HC. Then the wait for the next announcement commences. Not so here apparently.
A green day ahead - just a matter of how much / far.
Good luck to you whatever your objectives and time frames.
