It has some nice higher highs and lows and channels happening....

It has some nice higher highs and lows and channels happening. Also on the longer term chart it’s had a good long base building consolidation and following the plummet from almost $20 to under $2 I reckon there’s a probable inverse head and shoulders thingy forming in the medium term.

I had thought the recent dip to your lower channel a possible false break out which would be extremely bullish technically, however an alternative (also bullish) scenario would be for it to come down a bit in the medium term to complete the longer term right hand shoulder which would be bullish but lead to a slower recovery.

Slow is good; corrections are good - for the long term holder.

If I were adding new money or offloading then the channels could be utilised (but it can always break up and down from them, meaning they can be just as bullish as bearish (or vice versa). For a trader perhaps they could be used to buy and sell each time with a stop loss for when it ultimately fails and breaks out. I’m a LT holder so I’m just watching and waiting for their Funds to keep performing. It’s nice to be in a stock where the emerging technical patterns seem to be matching the company’s fundamentals.

Of course I would prefer not the staff options which never appear friendly for shareholders due to the dilution unless they can somehow lead to adding greater value to the business to more than offset their cost.

I wonder now will they get broker coverage with an entry into the ASX 300 or will that be only one day when they make the ASX 200 or 100? Fund managers tend to be a bit of a boring steady business although this one seems quite dynamic.