$1 Club, page-434

Thanks for the support of those not emotionally invested -- making sound informed comments and saving people money..

From a TA perspective:

• 11c SP now--- so Fibonacci drop 38.2% now complete (hopefully for holders this will hold and rebound from here, if this hits 10.5c or lower, then next stop is definitely 9c and the gap, and after that down to 7c -- i.e. the 61.8% Fib. level
• Please note the now 42,000,000 shares now placed at 0.1c (ask yourself why)

The Good news - remember those selling this down are trying to maximise sale price - so more likely to stay up for their half cent pips - but anyone saying 9c is impossible is either delusional and/or a rookie trader..

Again, I repeat long term hold IMHO - but this was bound to happen when you issue 70,000,000 shares at 1.5c and above and can be sold at 5-10x value...

Suggest long term holders go away and come back in a month...

GLTA DYOR IMHO...