Checking the price action for today on Yahoo seems to me that there was morning dump and pump then targeted buying when the offer action is thin. Standard day trade action really, move the price on low volume to get attention, no sign of significant investment interest moving into the weekend ... low-ish volume might indicate it's found a roughly solid valuation point but there is still the overhang of loss carriers from the 625 spike/blow-off. No change to my sentiment, short term sell, wait for reversal that may indicate take-over. Grubble - if no takeover and no insiders propping up the price and everyone in Australia knows the story already and big news fails to get to new highs and dividends five years away then where will the buying come from that will take it to new highs?
STB Price at posting:
$4.26 Sentiment: ST Sell Disclosure: Not Held
