Argonaut and B&Y clients are the main sellers. At these prices there will be very few who are still up with there investment. The main ones will be those holding from the 1.5 cent CR years ago who are mainly B&Y as they took up the short fall. It's oversold but what will stop it going into the 2's? Every time a buyer enters two to three sellers appear. Still looking for another entry, just not this week.
All the P&G announcements over the years rendered meaningless. We were 7.7 cents after the 2nd tech announcement. Also 13.5 cents to 3.3 cents.
OBJ Price at posting:
3.4¢ Sentiment: None Disclosure: Held