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Ann: Meluka Health to Develop Honey Water for Chinese Market, page-89

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  1. 1,196 Posts.
    I believe it will get there again if we have a down day on the market. While I want to make profit on holdings I'm now looking for 5-10c longer term price range next year, so would be nice if it just settled into a support level rather than such dramatic changes.

    That will come from accumulation of shares and the average holding above 2c, if it drops again you will find the short traders profit taking after each sequential run which does not really allow the share price to develop over time on positive announcements and revenue. This can be seen today where 1.6-1.8c holders dumped into 2.3-2.5 heavily as that is still a 5-9 point gain.
 
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