Frankly, I am not expecting any significant break until after the general meeting (16th feb)...afterall, until everything is actually approved, any move into the stock still carries a certain degree of risk.
I am not expecting any problems in this regard, but some people still prefer to wait for things to be officially signed off prior to making a move on a stock.
Prior to this time, I expect we will mostly see daily pre-positioning...whether or not this will result in a significant break is hard to say, but without an announcement, I suspect 4c will be a little hard to crack.
Personally, I'd be happy if prior to the 16th, support could be confirmed at the 3.4-3.5c level.
Cheers!
AEX Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held