mono and indo rerating, page-15

Damage was done today on chart imo with break of 6.8-6.7c resistance and positive close with buying into the bell. Recent move to this levels started late May with mid April gap not closing then cleaning team moving in (again). Still waiting on news which is needed to confirm larger re-rating into the teens is at play. Positive drill results is crucial for future trading, especially in the current market, this would aid to limit dilution and support option conversion/trading around ex date. Move up on lower volumes is also positive.