Clearly and unambiguously an excellent week of trade. Today was massive volume, the highest ever VWAP 25.1c and the highest closing price, 25.5c.
The weekly closing price was up 37.84% on last weeks closing price and the weekly VWAP increased 17%, against a background of the All Ords falling 1.75% over the course of the week.
As ever I'm heartened by the VWAP and the the closing price broadly aligning. My belief is this puts a strong support under the price and shows the true interest in this stock.
It was great to see the support today against a backdrop of a very red market. True value will always find its place.
EXR Price at posting:
25.5¢ Sentiment: Buy Disclosure: Held
