interesting agm, page-14

Here is the new logo:



There still seems to be strong selling pressure at the issue price of 20c. I placed a couple of decent buy orders at 20c today, for them to be wiped out almost instantly by larger sell orders.

The question is, how long will this selling be sustainable? Is there a mechanism or set of averages in the charts to predict how many potential holders of IPO stock there are left?