fonda, page-19

I'm not sure anything will happen either way. I think we retail holders are incidental to the share price at the moment. I believe the price is trading between two large positions, one that will most likely be funding a cap raising and another that will not, the former selling down to acquire at a better price and the later taking advantage of that. My guess is unless the volumes are in the many millions it wont break above 36c or below 29c.

For those that are into charts, the pennant formed over the last month is starting to get very pointy.