A sell down would be alarming but there are only sellers beyond the 33c mark and there were only 4 trades today (not a sign of trouble). Roadblock down at 29c so feel that current levels are sustainable. Any news and it will move quickly - either way...
On that note, a newsletter probably isn't too far away (within a fortnight?) and quarterly report by month's end as well.
Will be interested to see if John Ceccon (the director who has been buying consistently) bought or sold today. The reason I say that is a 50,000 share order went through and everytime he has bought recently it has been a 50,000 share purchase. Being a thinly traded stock, 50,000 share purchases aren't overly common. Anyway, something to look for tomorrow...
TRH Price at posting:
30.5¢ Sentiment: LT Buy Disclosure: Held
