SDV 2.13% 46.0¢ scidev ltd

Hi 3500,While the Charts may be saying one thing the large...

  1. 742 Posts.
    Hi 3500,

    While the Charts may be saying one thing the large number of shares that need to be traded before the share price gets that low is another.

    The volume of shares traded each day is fairly small and the price is still hovering around 2.7 cents.

    I think that most share holders are waiting for the release of the Quarterly before doing anything. Yes a few are selling but for every Seller there has been a Buyer at 2.7 cents. Okay the price has dropped from 3 cents but no one is panicking.

    For one I expect that we will learn about the results of the GBG trial. Intec has already said that they can refresh HCl, extract pure Zn, retrieve iron with the process. Now to find out how cost effective it is compared to the present method of disposal and what Intec intends to do with the information in the near future.

    Cheers.
 
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1 28371 46.0¢
 

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Price($) Vol. No.
47.0¢ 27031 3
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