Opti,
From what I can see after each trade of reasonable volume at +1c or more there are 2-3 trades at volumes of only 0-200 shares that bring it back.......and so it goes on. So it appears that one or more insti's are continually positioning their attack from the lower mark. It freaks the day traders but I guess it means they are intent on cleaning out the nervous nellies and short termers.
I think we are seeing a realisation that this company has hung out the not for sale sign and have everything in place to do it themselves. Remember they have $130M in the bank,already underpinned 4mtpa with Wiggins Stage 1 and QRN.
I am watching for JV money to come in to get their mining underway. I think then we will see some pretty furious action!
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Opti,From what I can see after each trade of reasonable volume...
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