Agreed. A new up trend is now being shaped as we speak. It often amuse me that traders only jumped in when the stock started to move. The smart $$ has been accumulating at circa 1.8c. For a small market cap of $8M it won't take much to at least double or triple the market cap within the next 3 months, IMO.
The close at 2c today is an exhaustion run by panic seller to retest 1.9c. Retest of 2.2c is on the card by end of the week.
Holding this for the ride. Higher highs should be coming when the company annouce further info. I suspect ppl are buying in anticipation of a run towards end of Jan 12 when the meeting is scheduled to be held in Feb 12.
Another HUN, AKM in the making.
cheers
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