this pup never gets any favours from neither the DOW nor the All Ords, at least not in the last six months anyway, whenever the DOW/All Ords has a flyer, it is usually steady or slightly down, whenever the DOW/All Ords has a shocker, it is always down without fail... the bots have been at it since the last trading week of 2011, if i remember correctly, 200 units crossed at minute intervals for 3 days in a row ... only insto's have the capability of crossing those trades ... looks to me that the price is being suppressed so the accumulators could get'em cheap at 32/33 cent ... the objective was met on Friday, the retailers that rode on the way up from 30s to 40s, would have either sold at a prof or a slight loss ...
i don't think the story has changed from two weeks ago with the buy ins from Gina, Noble and directors ... bell potter/charlie aitken is still bullish on this pup and have slapped a target price of $1.10, Charlie noted on Thursday's report that there is still some sorta overhang from the Cap raising ... i reckon $1.10 is a tad rich, but i would take half of that any day ...
now folks, some annoucements would be handy at this critical juncture ... but i guess at the end of day, it's up to the bots/insto's/hedgy's where they wanna take this pup.
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