bobx,
With respect I highly doubt it. the first 5 buy lines total 855k bids across 17 buyers, compared to the sell of 11m+ across 107 sellers. Whilst there is off market action happening the volumes over the past two weeks do not indicate huge amounts of interest in the stock. There are no doubt buyers waiting in the wings to purchase cheap stock, unfortunately the sellers are more than happy to offload!
I think the general mood is lost patience, in that the ceiling of 12 cents cannot be breached short term. As stated previously the timing of this announcement was unfortunate to say the least, two or even one week back it was ready to challenge .12 again, now .115 is 5m shares away and that's only the onscreen sells.
With no major announcements in the wings (left field excluded) I think we are at the mercy of the sector in general, hopefully strong sentiment for UCG in general will be the difference.
bobx,With respect I highly doubt it. the first 5 buy lines total...
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