Ann: Change of Director's Interest Notice - SH, page-7

Yes , there’s a strong argument that recent round of Director buying was the major catalyst for lifting the SP off its recent 10c base . Whilst volumes were decent , I’d suggest we need to see broader buying on the market to push up to the highs we experienced earlier n the year.

According to my trusty Comsec tool , the SP is overextended at 15 cents , squeezing up against the higher Bollinger line .

what can we take from this recent spike? Well the Directors didn’t have to weigh in and buy , it’s not as if there is an air of desperation around the PSC camp , there was no need for desperate tactics which are often used by some beleaguered boards to shore up confidence in periods of poor market sentiment. No, the board members bought because they like what they see and you’d be silly not to have followed them in around there buy in prices.

I agree that there’s plenty of time to trade this stock , according to the ebb and flow of the market, but equally I’d like to be on the register with plenty of shares , when PSC start to really flex this project .