I said before, loving this trading range. None of the price moves have been material since we entered this trading range back in February, as indicated by RSI in the chart below sitting well within the "boring" range, particularly for small cap biotech's that's for sure.
Also, continuing decline in volumes as I FC last week on no news and the sellers are exhausted, and the buyers generally have enough at this price anyway so they wont push it up anymore than this, and just nibble the offer so to speak. I topped up some more at 29c and myself am pretty full but if you offered me some at 25c ill take some more. Not often we have a cashed up, multiple irons in the fire opportunity like this for what is it $50m fully diluted MC. Happy days, bring on some TBI news into Christmas and we are really positioning for a very exciting 2022.
NYR Price at posting:
30.0¢ Sentiment: Buy Disclosure: Held
