waggingthedog>"Back to .12. When are earnings coming out? That should boost them"
Why would you expect a boost from the earnings details? We know from the pre-Christmas "non-announcement" what they are going to say, and it is not going to be pretty.
We also know another capital raising is coming soon, which means another dilution. I have been wondering whether they would have the chutzpah to do the CR towards the end of this month so the shares are suspended when the accounts come out.
The remarkable thing for me about this 6 week run at about 15c is the depth of the buyer's wallet. The bulls have been speculating about what will happen when the seller runs out of shares. Personally I have been wondering what will happen when the buyer's demand is sated and the seller wants to keep dumping shares. Neither thing has happened yet.
IWG Price at posting:
14.0¢ Sentiment: None Disclosure: Not Held
