Market is a fickle beast, isn't it? Yesterday it was hard to give away those shares at .30c (yes, I did grab a few, gut wrenching at the time), but now look at buyers at that level. Not saying we are out of trouble yet, but certainly looking healthier with rejection at 30c level, watching to see if that holds now and a bottom is in.
New issues always problematic until we clear loose hands and long term holders become more confident, obviously other factors in play as mentioned in previous posts.
SE1 Price at posting:
33.0¢ Sentiment: Buy Disclosure: Held
