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Looks like whoever that has chosen to absorb State One's...

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Master Burrows

3,538 Posts.

4

30/05/16

12:37

Post #: 17900899
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Originally posted by more4less ↑

Cheers LB, just remember it has broken support a number of time down since hitting 2.9 cents, so you then have to question, what support they are waiting to buy if that was the case.
The lower the support, the more pain for long term share holders and the lower they buy, you then end up with new support lines where they will dump and take profit, which means long term holders will have to wait even longer if they bought higher

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Looks like whoever that has chosen to absorb State One's remainder holdings is willing to do so at 1.6c.

Both buyer and seller parties went straight to business first thing this morning and now trading has dried out.

Will see if this is start of the turn from here.

@Jnnl - any chance of a chart and your opinion of where this will end up?

Last edited by Master Burrows: 30/05/16

MNQ Price at posting: 1.6¢ Sentiment: None Disclosure: Held
5 Upvote

0 Great analysis

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