Despite last weeks quick sale down to 1c (lucky buyer) there seems to be a bit of a battle going on with 1.2c slowly being gobbled up and a couple of sales in the past couple of weeks being dumped on the market at 1.1c not long before close, from memory this has happened 3 times the past 2 weeks. Now why would someone want to see the share price continually close at 1.1c is beyond me ....
Over the past few weeks buying depth near the trade range (not the BS well out of trading range) has been improving, with today being the first time in a while reasonable volume (when compared to the miniscule volume that is traded on this stock) being on the bid at 1.1c.
It will be interesting to see how the week plays out.
PS For what it's worth I rang the company today and was informed that SHK is back in the country. Here's hoping for positive development in the form of an ASX announcement.
D: Own Plenty
Cheers
Clever1
EOR Price at posting:
1.2¢ Sentiment: Buy Disclosure: Held
