The SP needs to consolidate at this level.
The selling this week has been unrelentless, every time the SP looks as though it had reached a base and starting to move upwards, it is meet with more heavy selling drop it further.
It is clear people are still taking profits from the public offer - almost 270M shares traded since the relisting. Considering that 595M shares are on offer and the top 20 hold 52% of these, the selling will have to dry up soon.
CR8 Price at posting:
6.5¢ Sentiment: Buy Disclosure: Held
