re: Ann: Ceasing to be a substantial holder -... Oilburner it...

re: Ann: Ceasing to be a substantial holder -... Oilburner it could quite easily go back to 31c as it has been range trading between support around the current price ( blue line ) and resistance at the pink line.

Preferably a break out above the 31c on increased volume is what is required - All depends if the $17m arrives in the bank on time .

its quite simple really if the cash turns up it should break above the resistance line. If it doesn't I suspect the blue line wont hold and you will indeed see the S/P in the teens.

Hoot