High on 10th Nov is strong support. Soaking of weak hands...

High on 10th Nov is strong support.
Soaking of weak hands completed on the 21st Dec 43c low.
Stronger hands building into next announcement.
If next announcement is positive target will see an equivalent move of the 10th Nov gap up.
This should be 100% price move from current level - yep that's what I said double.
Price target in the ST with solid announcement is $1.39 to $1.57.
All of this is announcement dependent but given the buying pressure and action this week I'd say the result is a given.
Exciting times ahead.

And for the record, "IF" this is a potential SIR (Novo) the price target given the register could over the next 18 months see $19-$25, that's no bull !! - even given future cap raisings which will be required. I'm actually hoping that Tim takes a leaf out of Matt's book (ARL) and gives these little retail holders an opportunity to execute a 1 for 3 option.

NL.