martin place securities fe breakout...........

Excellent high volume day on what for 5hrs was a down day.

VWAP at 0.014. 60mn shares traded. Some of the buys going through were 5-7mn lines at 1.4cents. Big orders. 1 weak seller sold down on the close in fear of markets or to close low. It was also interesting to see the few tiny sell downs to a low level when the stock was strong. Clear orders to push down so they can accumululate more.

Lots of stale holders are now out, and once 1.5c is cleared, this is little resistence to 2cents.

A few have said that they have been informed that news is coming early next week.

Well, on the last ann the gap up was 50%, on this one we could realistically clear up to 1.8-2cents depending on the base (base at 1.5c pre or higher?) and then run.

If the company talk about record tin prices and give an updated IGV on the prroject, i will love it as a SH and im sure the market will be highly receptive of the news.

Either way, these are the early stages of a breakout and re-rating.


Very bullish day