TGR Chart, page-109

Last friday (25th), Huon released a market update, which was also good for us due to confirmation of strong domestic situation.

Our SP spiked from previous close of $3.57 to intraday high of $3.77 (5.6%), on volume of 1.137m which is about twice as much as typical.

We can now see net shorts also declined by 1m shares, reported shorter volumes are notoriously bad at matching up to real volume (all the games they play), so not sure how much was genuine buying and how much was shorters closing their position.

In any case, SP has gone back to where it was heading prior to that market release, looks undervalued to me, i will be surprised if these prices dont bring in buying support.