It doesn't work that way. Leading up to results we are holding approximately close to 13 percent off the ATH of $2.305. We have failed to close the gap despite numerous attempts at $1.61 and have found support at low $1.90s and resustance around the $2.07/8 levels. All of this on extremely low volume for a 121 million soi. The selling at such low volume can be anyone from intraday trading capitalising on 5 percent ahifts to sone low level risk off selling - not everyone is comfortable holding into results. It is impossible to nature of the results with the current sp behaviour due to no significant volumes. The market has decided that this is where ir1 will be positioned until we get closer to TH or results. We saw a similar pattern before a spike leading to TH on the first results.
IR1 Price at posting:
$1.98 Sentiment: Hold Disclosure: Held
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