charts only, forget the fundamentals., page-7

10c has been on the cards for quite a while (see previous posts of mine), and I think we may see a bit of a slow grind around these levels as traders/investors speculate on the prospects of a rally back up towards 20c post cap-raising, or a fall to new lows if the company cannot deliver on their guidance of a cashflow neutral quarter. There's a lot of pressure on the company to deliver now; many will be jumping into the SPP on the basis that the company has committed to not losing any more money (a big call given what has happened over the past few years).