STI is almost right on support, a low was set on the 8th July 2009 of .013 (low for the day); the current low is .014 just slightly higher which is a plus.
It is good to see that the last couple of trading days even though at lows has been increasing. This is an indication that buyers are back in at these prices.
Remains significant risk if breaks under the .013 of going lower. however if support picks up here should re test .022.
With all the activity going on eg entering U.S. markets + Mexico & Brazil etc one would hope that not in the too distant future, sales should start to flow. Speculation around this has not been too enthusiastic therefore the share price may just trade sideways a little longer. However once sales become evident the price should respond in a positive manner.
STI Price at posting:
1.4¢ Sentiment: Buy Disclosure: Held
