momentum upwards continues, page-10

Thanks Simmo - fair enough, I thought you would respect your source. If as you say he is still too close to the Company then no doubt your slant is encouraging.

Analysing the TTR market over the last few weeks indicates we have a very patient accumulator who buys fairly large parcels in bursts. Most investors are in limbo land at the moment so not much has been on offer for them. Seem to have over this period set a 10 to 11 cent limit and stuck strictly to it. Did for a while have some bogus sell orders at 11.5 but have pulled them because they know these would be vunerable now. Today I think they have pulled some buy orders to try and again create the "lack of interest" perception. All these strategies are aimed at attracting in more sellers into their price bracket. Once a bit more volume appears in the 10.5 to 11 cent range they will pounce again - probably tomorrow or Wednesday (Unless we have THE ANNOUNCEMENTS)

Have I got a good imagination or am I right on the ball? I wish we could get hold of a current top 20 list. Of course TTR management know exactly who is buying - they monitor this regularly each day - one day while I was on the phone to them I was being told virtually as the trades were being perused on screen - " yes! most of the parcels through Comsec today."