Secondly, I think there is a couple of us posters here who would like to see an organised appreciation of the share price.
I don't know what caused last Fridays jump except expectations (which is a valid reason).
My feeling is we will see it trade (as posted before) at between 7-8 cents prior to news, Yep, happy with that price for now.
As posted by others today, there was not a lot of selling during the recent down time as it is making the recovery that much easier. You have to expect some traders.....but I think the upward movement will continue for a while.
I dont think capping is involved, just the psycology of it being over 6 is causing a few to take some gains.
Looking at the company website and recent(ish) announcements should provide you with more insight as to what is expected on a number of fronts.......If it is very good, we may well see a nice re-rating.
Also, some of the other posters have given some very good, opinions as well.
Please do you own research.....as this is only what I think.
BLR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held