There are 33 buyers today for 4,354,707 units. Average number of units per buyer is 131,961. There are also 40 sellers for 3,261,763 units. Average number of units per seller is 81,544.
Conclusion: smaller investors "want out". Larger investors "want in", but at the cheapest price available. Therefore support is at 3.2 cents (which is at a massive discount to historical prices)
One explanation is that the small investors are selling their shares to buy options. The options are obviously cheaper and because of their intrinsic "gearing" may offer bigger short-term returns.
Certainly, the next week will be very interesting, as the money to purchase options has to be in by Wednesday 29/05/2009, and so sellers of shares trying to get money to buy options are running out of time.
I predict the share price will move forward substantially very shortly. So you might get in now if you want to go for a ride.
VLA Price at posting:
3.2¢ Sentiment: Buy Disclosure: Held