STA 0.00% 9.5¢ strandline resources limited

It was pretty small parcels that took it up yesterday so...

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    It was pretty small parcels that took it up yesterday so realistically it moved too far. The news is good but it's basically encouragement for existing shareholders. I think new potential shareholders are waiting for the sovereign risk issues to be clearly resolved. Another factor is that 12cents is the June18 options exercise price, I hold some and am not incentivised to pay above 12cents for FPOs at the moment so perhaps that's the case for other existing holders?
 
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