Brokers also act for instos and may be given a net target to achieve, which could involve selling as well as buying and strategies used by the brokers to rattle cages. It seemed pumped up at end of trade today, which potentially gives more leverage to rattle the cage again tomorrow. Overall, buying interest has strengthened. the product is pretty amazing as is the diverse opportunity with it.
This was never going to stay in the 13-17 cent range much longer with the opportunity that clearly exists. IMO whatever gets sold off will be bought back harder. The product is a proven catalyst to composite with and significantly strengthen almost any material it is blended with. Plus it can be produced in significant quantities - compared with BNNT where big quantities are a struggle and PPK still haven't mastered continuous production vis a vis batch production.
FGR Price at posting:
24.5¢ Sentiment: Hold Disclosure: Held
