POC's are great - at the beginning of operations and market listing ! The market.......now wants converted contracts representing $$$$. Until pending deals are ratified and presented to the market, we will see status quo and the traders get their way.
Pretty simple theory I would have thought in explaining current sentiment. The gap was always going to fill without such news and this may continue.....temporarily. Although I am buoyed by the fact Q2 is fast approaching and that very news I mention will come - shortly.
@sdeakin - if you have latest broker data for say the last two weeks - would you be kind enough to post.
Cheers,
R08
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