its low value,hedge type play reviewing all the data,dropped 50% in about a month,no hint of anything,the spread on trade analysis looks like a low value hedge almost no cost hedge,naked short or short play looking for $ or a position in the company.
but still a risky proposition requiring unit purchases of 50k or maybe 30k riding the price steps,if it were to run ,bearing in mind the long long steep decline,charts will not assist much here,it could be a three bagger--depending on the second half then again it might just disappear.
and it is well and truly off the radar of traders when it gets down to risk capital,not likely there is much of that around at present.
while my mental note a week ago was to buy at 3.4,i am still sitting
ISF Price at posting:
3.3¢ Sentiment: None Disclosure: Held