There's certainly the possibility also that the 7c "round figure" barrier is being just that, a barrier into the 7's
The US has now been increasing in price the last few days and we have been wedged at or around 7c. The question must be asked, how much longer can the ASX continue to ignore the moves up in the US, in the absence of any updates on spud or other activities.
Remember yesterday closed on the day's high and despite some determined sellers (on low volume mind you) 7c was almost cleared in the end.
Updates will be well received when they come, i'm not phased, management has been nothing short of exceptional in their managing of the company and the US closing price of $1.38 equals 7.2c on the ASX
Nice and simple.
SSN Price at posting:
6.9¢ Sentiment: Buy Disclosure: Held
