Why did you expect 6-7c and why also would you expect to see 3.1c again?
Both are unrealistic expectations from this announcement alone in the short term.
It was a perfect breakout on solid volume. It may pull back to close the gap at about 3.6c, but if so I would expect it to be fleeting. It may also test that 4.5c resistance a few times before going higher.
However, medium term the has winner written all over it.
Milesy
Ann: Flexiroam raises $1.5m to accelerate growth initiatives, page-23
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