Don't place too much credence on market depth as it can change in the flick of an eye. If there is limited volume the sell depth will slowly fill in and move down to meet the buyers.
Volume is the catalyst for SP appreciation ie volume of buyers outweighing the sellers.
Still looking good and the volume will come big time and be compelling if they announce that they have effectively raised at a premium. Thought we would of had the funding announcement by now.
Ann: Hartleys Limited Issues Research Note, page-25
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