Johnno wrote: "Is anyone esle watching this one? Nice breakout...

Johnno wrote: "Is anyone esle watching this one? Nice breakout today though it was on an announcement."

In my opinion the announcement isn't just another short term bump that will be followed by profit-taking; it rather represents the removal of the one obstacle - its low cash position - that was stopping the company from really flying. I'd be most surprised if the company's share price weren't rerated considerably higher.