The main issue with the stock breaking 11 cents is that everyday the same broker is intent on keeping it below this level.
I have seen the volumes and its seems Ord's are on the sell side everyday for the large parcels @ 10.5 and 11 and then sell down into 10 once it builds.
The good news is this can't last forever and we are on the verge of a breakout.
My other gut feeling is that in the week leading up to the EGM to vote on the reconstruction we will get news that Brachysil Trial begining and perhaps one other interesting newsbit to ensure the SP remains strong !
PSD Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
