Chart, page-7866

Following this recent spike we should have some insiders and others selling (quick kill), who have already got in before the recent two day moves, thanks to the Australian for that spike. imo

Hope I'm wrong but I dont see any big move from here as a result of the Announcement once the initial hype dies down.

Buyers these last two days (whether S/T or L/Term) are factoring in a done deal somewhere down the track, again thanks to the Australian. It will be buy the rumour, sell the news (Fact) for some with that when it comes.


This move if holding above 3.03 takes us to strong resistance around 3.30-3.35 then onto the top of this range 3.48.

Below the recent 2.73 there is strong support 2.60-2.65.

It could just drift between the above two price ranges (in,out-out,in) I dont see it getting away from the two until that SDV deal is done.???? or close to it (how long!)

Consolidation above 3.03 would be good for the next thrust in share price.

That May update is next in line.

Then hopefully the major .........a done deal (SDV) some time.... 2nd half year.

Looking Good and thank goodness the leak came to provide some guidance and support for the Share price !.

Md