FAR 3.03% 51.0¢ far limited

Ann: Response to ASX Price Query, page-6

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  1. 10,470 Posts.
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    Todays volume was great and a finish above the 8.2c mark would be good. This might try to cover the gap in high 7s and support at 7.8 region will set the launch pad. However, it doesn't have to retrace if it can hold above 8 c as the KORA drop was from this range and hence the resistance. It looks like it is becoming a support point Also have a look at the lead up to KORA announcement - 4 weeks of low volume with gradual decrease. Look at the current chart approaching TD. That is precisely the reason to be optimistic. TA has given holders many reasons to attempt to sell into however TA resistance points are being smashed in a sustained action with minimal selling. In a 2 billion share stock, this is truly unbelievable.
 
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