Tarax...Assuming it is a "trader" purge...depending on the...

Tarax...

Assuming it is a "trader" purge...depending on the numbers, it is conceivable we may well see a trading halt Monday Morning and subsequent gap up on re-open.

We have seen some 100m shares trade below 4.6c...that's an awful lot of "noise" under which all sorts of agenda may be hiding.

If...and I say IF, this is a "trader" purge as I suspect...it would be a relatively easy task given tonights 4.1c close (perhaps on the back of an announcement), to facilitate a gap-up on the open and effectively lock-out many of the traders who have "traded" out for lower prices.

With VWAP's of about 4.6 and 4.1 over the last two days, a quick run up (or gap-up) to 4.6+ will result in many of the resent sellers buyiing back in for more than they sold for.

I see this as just a short-term "play" for now...perhaps a decent announcement from managemt may shift my views?

Cheers!