Oscar
With such volatility on such thin trading if someone with $1m spent $100k a day on purchasing shares they would push the price back to .25c before all the money was spent.
Insto investors know this and I believe they will be looking at the big picture.
Fundamentals and so on in the knowledge they cannot accumulate at this price without pushing the price through the roof.
I don't really think the daily share price is anymore than a poor argument the instos might try and use.
Fundamentally still cheap at .25c and not long for them to wait for value adding DFS.
There is not a lot of panic selling amongst the small amount of retail holders.
I still think Les and Co have the whip hand, even if it has slipped a bit in this bungled? CR
IMHO
Cheers
MP
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