christophe,
Just some observation here and I make reference to previous statements tha I am not a chartist or a share market conspiracist. However I have noticed with BJT the following since I bought in.
CLEARLY, VERY CLEARLY there is an algorithmic program running to hit the offer line whatever teh offer line happens to be. THere hasn't been any real resistanc, even from this supposed "capper". As far as volume goes, the top most bid line has been rather week in terms of volume of shares showing as support.
For instance, if this support volume (proportionately speaking) was CER for example, the proverbial bottom would have fallen out of it.
Likewise stateing the obvious there is extremely very little resistance up to 47-48 cents. No doubt on the way up sellers will dump into the various bid lines but this won't stop a climb.
BJT
babcock & brown japan property trust
