Things could change, but seems like sellers are hesitant to sell much below 4c.
Might be a few traders caught with losses that have been very keen to get out, for that reason seems good value is being offered here to me. Just need buyers to re gain some confidence that they will not be missing out on getting in at a lower price I think.
With the lower volume - it seems that value buyers might be buying now, assessing the odds of trenching coming up with something promising.
CBS Price at posting:
4.0¢ Sentiment: ST Buy Disclosure: Held
