As mentioned before, MWE has for along time traded down on low...

As mentioned before, MWE has for along time traded down on low volume and then moved higher on more healthy turnover, indicating an underlying demand for the share.

Date Open High Low Close Volume Chg % Chg
10/02/2012 0.900 1.090 0.900 1.010 759,935 0.110 12.22%
10/01/2012 0.940 0.940 0.900 0.900 610,000 0.000 0.00%
09/28/2012 0.880 0.900 0.880 0.900 91,250 0.010 1.12%
09/27/2012 0.890 0.890 0.890 0.890 31,100 0.000 0.00%
09/26/2012 0.850 0.890 0.850 0.890 18,500 0.000 0.00%
09/25/2012 0.890 0.890 0.890 0.890 33,500 -0.010 -1.11%
09/24/2012 0.860 0.900 0.850 0.900 85,500 -0.040 -4.26%
09/21/2012 0.850 0.940 0.850 0.940 222,300 0.090 10.59%
09/20/2012 0.750 0.850 0.750 0.850 457,900 0.110 14.86%
09/19/2012 0.700 0.740 0.700 0.740 77,800 0.000 0.00%
09/18/2012 0.700 0.740 0.700 0.740 50,500 0.000 0.00%
09/17/2012 0.740 0.740 0.680 0.740 10,500 0.000 0.00%
09/14/2012 0.640 0.740 0.640 0.740 584,500 0.100 15.62%
09/13/2012 0.650 0.650 0.640 0.640 23,000 0.000 0.00%
09/10/2012 0.620 0.640 0.590 0.640 37,300 -0.020 -3.03%
09/06/2012 0.660 0.660 0.660 0.660 432,000 0.010 1.54%
09/05/2012 0.650 0.650 0.650 0.650 25,000 -0.020 -2.99%
09/04/2012 0.640 0.670 0.640 0.670 53,750 0.040 6.35%


Here is the chart with OBV, which confirms underlying buying despite the share price weakness over the past year.