hard to predict what the sp level is when sellers won't sell anymore and buyers are too tempted to buy and think they will miss the rebounce.
Trade / sell volume has eased strongly so 2.5c could be that mark. But just one big seller can change it to 2c. On the other hand, a 10m share buy shoots THR up back in the mid 3s. Anything can happen, sadly one or 2 sellers / buyers can determine the short term MC of this stock.
Sell side could be stacked, at least it looks suspicous. But could be just traders who bought 2.5 -2.7c and are happy with a 2 line gain.
A t/o approach at about 4c would cost a buyer about 30 million, pocket money for what can be achieved. Let's hope there isn't any "predator" trying to take advantage of the sellers panic.
Otherwise 2 months or less to wait, then we will know more.
THR Price at posting:
2.5¢ Sentiment: LT Buy Disclosure: Held
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