I think the price rise is clearly the result of a good half year result. If you have a look at Win Corp's substantial shareholder notices you will see that after the result was released and the share price rose above 20 cents they started selling in increasing amounts, thereby supressing further price increase. With Friday's trade hopefully having taken them out, and apparently with insitutional buying, it will be interesting to see if the stock can hit 30 cents. Must say as an overweight SOT shareholder I am pleased to be recovering unrealised losses.
SOT Price at posting:
27.0¢ Sentiment: Hold Disclosure: Held