Spot on Wayne. Previous run ups in price were based on expected catalysts. The fact that we have had 2 up days on much higher then average volumes in a market close to 6 month lows is interesting to say the least. Especially when there is no expectation of newsflow.
Furthermore the volume on the buy side is twice the sell side if you take out those four 1 million sell orders which I believe are dummy trades from people who are accumulating. As the share price moves higher you will either see those trades disappear or move higher. In terms of liquidity this thing will fly on any good news.
All in all I think something is brewing. We all are aware that negotiations are under way so an agreement may not be far off.
Let's see if the buying continues next week...
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