IEC Intra Energy

We've been watching a seller place & remove a 900K+ order for about 1 - 2 weeks. I was just looking at the chart and if we see a 1Mil day for shares and the averages look like this, this COULD be a goer.
Very little on the sell side but cash is an issue.
Need time for the coal import ban to convert to sales.
I think both technically & fundamentally this company is in a good spot. They just need to survive a bit longer till a coal contract comes through IF a power station ever goes ahead. If it goes that way, I would honestly take my hat off and apologise to the directors for my lack of vision. They can then laugh all the way to the bank.

Could be wrong - I do hold the stock as a disclosure. Have done since the old ATQ days.
RSI under 50 not so great and thin volumes dont help. Pretty tightly held stock though.
Coal is back in favour a bit and this stock has been forgotten imo.