Looks to be further quiet accumulation at 0.9 cents. Not massive...

Looks to be further quiet accumulation at 0.9 cents. Not massive but 500k parcels being placed and hit a few times through the day. The very large seller at 1.2 cents appears to be fake - moves around quite a lot but may also be the source of the sells to the buyer. The good thing is buyers are still stepping in and depth has consolidated to potentially test the 6 month high at 1.2 cents.

MAK has had a strong move this last week with the climate turning for phosphate stocks. Major weather events around the world are hitting agricultural production, driving food prices and inevitably creating incentive for farmers to step up fertiliser levels to replenish soils that have been undernourished during the period of the GFC. I think UCL may finally get a chance to at least glimmer. :)