Dunno why everyone blames the rise of the share price to mum and dad investors when they only make up 30% of the market. Institutional investors are likely buying this since they see an upside and need to meet their quota or KPI or minimum rate of return etc. They're the ones that move the market since they take up 70% of buying power. Look up the "institutional imperative". Same reason as why the share price fell it has also risen on no company news at all! Just based on speculation.
im bullish on this SP and have been holding and reducingy basis to $2.5. I was so very keen for the SP to drop below $2 so I can buy some more. Looks like that train has left.
WEB Price at posting:
$3.50 Sentiment: Buy Disclosure: Held
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