This week has certainly proven to me that for every panic seller...

This week has certainly proven to me that for every panic seller there were plenty of smart buyers waiting in the wings. There was no rationale reason for the sell off, and for every panic seller, there were two smart buyers waiting to see where the bottom was before they jumper back in

Strong volume today, and the buying just got stronger as the day went on. Also very strong volume with 9.5 million shares traded.

The week saw the closing price rise by 26.92%, which certainly helped to see the back of 23.53% drop from last week.

Interestingly the VWAP was slightly lower this week than last at 27.8c compared to 28.1c last week, which kind of shows we're right back where we started on Monday last week. Bit of chat about leaky ships - I don't really think so. Whilst always possible I don't really consider this to be anything other than momentum buying and selling - the market doing its usual thing of over reacting in both directions.

See below for key weekly metrics. Have a great weekend.