1.25 million new shares issued at 80cents to the new chairman and his mates. Tell that to all the investors and traders that bought in today and see if they think they got a bargain today.
Chart shows the stock overbought with a bearish shooting star candle. Have a look at the chart and see what happened the last few times this stock had a run and ended with a long wick green candle.
Good luck to all holders, but I'll be waiting for the retrace. I work mostly with TA so could have this one totally wrong, but the chart patterns seem quite convincing.
