Ann: Response to ASX Price Query, page-14

Fugasi,

I think a deep pocket.

Yesterday 2m was pulled. 1m out of 2.2c and 1m out of 2.3c

So the wall weakened. Whilst the buys grew to 4.5m at 2c.

Interestingly the 1m pulled from 2.3c yesterday, had been there for weeks, appeared today at 2.2c.

I thought someone is trying to keep this between 2c to 2.2c.

Then at 12.29pm a deep pocket wiped 2.2c, 2 3c and touched 2.4c. 5,842,673 shares.

Resistance gone.

Sometimes that's all that's needed when bids are building and it's capped.

Changes ones confidence as we see others jump in.

As the clearer stumped up 100k to wipe, we have a serious player that wanted in.

The other thing, on Tuesday, zero trades at auction, just 1 share on the bid at 2.1c would have closed it up.

Strange with all the bot trading and zip on that day.

If one looks at the chart, we have been heavily constricted in a saucer pattern after passing a double bottom and when mixed with depth changes as mentioned, something had to give.

A few times bph went 1.9c, but was pushed off it, plus at 1.9c, EV was about 13m. Bit low I think for cortical and other assets outside pep.

Just have to see bout tommorow.

Is there anything, chat on FB etc between 11am to 12.29pm?