i grabbed a few noddies for a short term trade last week at 70c as they looked like they could have a decent bounce, but as the market has recovered, the capper/seller/churner/idiot has been overactive with a neverending trickle of 20k/25k/50k sells at 70c
if the seller(s) wanted more money for their stock, they could have let it run and sold it down - there are probably a few buyers waiting to see a break before they jump in
the sp seems ridiculously cheap on a pe basis - only negative i could find (apart from selling pressure) was director selling just before the steep price decline a few weeks ago - at least there's director buying now
i grabbed a few noddies for a short term trade last week at 70c...
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