No reason, somebody wants some cash for xmas. Maybe somebody decided to put some cash into something else. I wouldnt read anything into it.
There is no shortage of buyers at 11.5c - Me being one of them. As susal the stock will bounce back and the sellers will kick them selves in the same way the people who didn't take profits at 16c are kicking themselves now.
Technically, the stock was heading for 12c a few weeks ago and the only thing that would have stopped it was a massive announcement. Technically, its probably about ready to bounce.
Add to My Watchlist
What is My Watchlist?