You're right.
A large buy at .007 probably would have triggered a bit of a run today, but it wouldn't have been sustainable without the support. (aka P&D)
With the off take announcement still potentially a week or two away, I want to see the base at .005 and .006 solidify giving confidence for the FOMO crew to take it up to .007
Big numbers at (psych) support levels also tell me the large seller may have finally exhausted, giving buyers even more reason to step up.
There is solid stuff happening with this stock.
No one has been selling into the recent rise and buyers are beginning to get anxious.
Options are the same story.
Still my favourite spec stock on the ASX (emphasis on spec)
Ann: Quarterly Activities & Cashflow Report, page-15
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