Denham Investments pops up as being astute investor buying when the sky was falling post Qtr report. I would guess they have done their due dilligence proactively with management before putting serious money in through cap raise and then on market.
As this was a pet for Locantro and his band of paid followers, who being an ex-Patto exmployee, it is my opinion that this lot cleared out after the quarterlies en mass at ANY PRICE so what remains are the holders that still see value in the stock. Not surprised Patto also must have been negative on this stock understandably so until we can see the next report we can't "know" precisely what really useful info to base.
Currently seems to be only the little holders trying to get out but without deep and more serious bidding, the SP can jump around creating the misleading impression of massive volatility. That is the nature of spec stock until the wider market takes an interest.
Good luck holders.
ORS Price at posting:
2.6¢ Sentiment: Hold Disclosure: Held
