Nearly all the SOI has been turned over at 3.4c these past 3 weeks. So I think we now have a solid technical base around the mid 3c level. Nicely consolidating and once settled, will start to coil and spring for a shot at 4c, then 4.3c, then 6.2c off of the back of positive news flow.
- Monday's volume 82m (VWAP 2.85c). That's about 3.5% of SOI turned over.
- Tuesday's volume 240m (VWAP 3.5c). That's 10.5% of SOI turned over.
- Wednesday's volume 171m (VWAP 3.65c). That's 7.5% of SOI turned over.
- Thursday's volume 92m (VWAP 3.55c). That's 4% of SOI turned over.
- Friday's volume 56m (VWAP 3.55c). That's 2.5% of SOI turned over.
- Weekly total volume 641m (VWAP 3.5c). That's 28% of SOI turned over.
- Last 3 weeks volume around 1,891m (VWAP 3.4c). That's around 83% of SOI turned over.
Daily Discussion, page-742
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