SDV 1.18% 43.0¢ scidev ltd

aus business journal, page-25

  1. CR8
    5,972 Posts.
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    tweaty2

    i am not a fundamentalist at the very best of times the recent run from low 2's to the 3's for all you fundamentalists out there i can only suspect is that it has to do with news being factored in

    technically (my resource) inl has had several attempts at breaking 3c and without substatial new new to what was already expected it will was never going to break... THE VOLUMES ON THE UPSIDE WERE TOO LOW AND THE HIGHS WERE NO HIGHER THAN THE PREVIOUS RECENT HIGHS HENCE NO MOMENTUM TO BREAK.

    it will now come back to rest to old/ new lows given several technical fails to break the 3c price and issue mark.

    all of course imo

    still a great trading stock and will be good for a few dollars at 1.7 or lower c
 
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