Ann: Response to ASX Price Query, page-5

The way that volume was dealt with on market on Monday was nothing short of aggressive. Leads me to think it was either a forced seller / serious margin call or someone with an agenda.

Short interest hasn't increased.

With a serious debt package locked away, one final approval to be received and a relatively small equity gap to be solved for, the discount to NPV vs risk in the business has never been greater = serious target at current levels.

I've tipped out a few other positions to take advantage of the current price action and happy to keep batting down here if the opportunity persists.

Chart wise a close above 71c is key for short term price direction. RSI has printed an oversold reading, which historically proves to be a good buying opportunity. MACD jaws have widened as it has moved back through the 0 control line, which is a negative. Good demand on market coming in yesterday to absorb the residual supply. Today's market action will be telling.