Over the last week or so we have had a few people buying shares at the 0.16 and 0.17 level, I know these are small parcels but I have seen this stuff before.
Usually when a cap raising is coming , the company push the price up a little getting people to buy small parcels so when they do the cap raising they can say the average price is 0.15 and raise at that.
As last few weeks 0.12 would of been lucky to get.
Maybe I am wrong and the rain season has started and everything trust the board to deliver.
Anyone else any thoughts
Good Luck
James
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