The buying is not substantial, although it may be limited by lack of selling, but just goes to show how tight the register has become that $6k can move it 15% without generating a seller. If they look like achieving their target level of EBIT in 2017 we could see a big gap up towards 5c plus as I suspect most loose holders and traders have already left the building. A few might be glad just to get their money back from 3.6c to 5c, but my target is nearer 8c for some profit taking. Actually I'm mostly tied up elsewhere hoping this might not move for another couple of months so I can get set later.
CNW Price at posting:
2.2¢ Sentiment: Buy Disclosure: Held