Well we saw a bit of action this week with a dip to .11, down...

Well we saw a bit of action this week with a dip to .11, down from 13.5.
I was lucky enough to get some more at .11, however was only a small parcel thanks to money being tied up elsewhere.

So it seems we saw some dumping after the finalisation of the insto placement, with many 100,000 lots dumped (and not to delicately either I might add) - pushing the SP down.

Lo and behold, as soon as it stops we hastily head up to .13, gaining 18% in a days trade.

So what to make of this? my belief is that there is great stability around .13, and an upgrade resource due any day will push us higher. Providing we see no more dumping, there appears good support to take it higher.

all in all, a good week given no news and some dumping going on.
have a good weekend all FTE holders, and here's hoping next week we hear the announcement with more good news.