The trading volume has slowed significantly over the last hour. There are few sellers jumping in from off the sidelines. This is a good thing. It probably means that the knee-jerk reaction was overdone. I'm looking for a slow and steady climb back to the $1 level over the next few sessions.
Come 23/24 Feb, I'd like to think there would be a $1.10+ handle on the share price.
SPO Price at posting:
93.3¢ Sentiment: None Disclosure: Held