Hi,
There has been a lot of strange price action over the last few weeks. Seems to be someone determined to keep the price down around the mid 50s. The stock was having the same pressure put on it around the high 40s possibly by the same person but some large buyers came along and it got away from them to this level. Everytime the 55 cent level looks close to being taken out another 100000 shares come on the market at that price. Certainly working for them as the volume through has been pretty good for no increase in sp.
Once the half yearlies come out along with the finalisation of the alliance with SPT the shackles should be broken..... Watch this space......
Cheers
aid
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