Definitely seeing some manipulation occurring with the SP this morning. After the eager buying upon open, with ~ 5.7M purchased at 1.4c, only to have a sell of a measly 93 units at a value of $1.209 in to 1.3c to lower the price.
Interestingly, I should also note that the 1.9M bid has been floating around in pre-open these past few days, but has been pulled just before the start of trade each time. Whomever it was finally bit the bullet today and took the initial chomp in to 1.4c.
Personally, I'd love to clear the deck at 1.4c and add another million shares to my holding, but all funds are tied up elsewhere at present.
What do we think team? Is the bottom now officially in and will we see some restrained growth leading up to the release of the 4c possibly next week?
IAM Price at posting:
1.3¢ Sentiment: Buy Disclosure: Held
