Hello thermionic, you are correct with your assumptions.IMO,os buyers have been buying into ssn over the last week or so.They can benefit from the double dip eg/increase in sp and increase in $US means more profit for them.Our Aussie investors are too hyped up in seeing the sp go over the 2c mark soon so are happy to happy the little extra to maintain a position.And I reckon they're right too.Patience is required here and I am confident the sp will improve.
Just my opinion.
SSN Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held