My simple take Lowkey is that the issued shares at 2.5c (as is often the case), acts as a magnet for profit taking compounded by a degree of overselling prior to consolidation followed by a steady buy-in by cool heads in the near term. This is a reasonable proposition given the likelihood that the company is acting from a position of strength, all things considered.
Just my personal view but let's see how the weeks ahead pan-out I reckon. esp.
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