Offer of 95k at 49 cents that appeared a few minutes before open has now been cancelled and we now have a new buy order at 47.5 cents for 215k ($100k order).
They have only managed to flush out 300k today at the 47-48 cent levels which is a bit surprising.
The way things are looking you would think that they would have to crank up the buying level if they want to pick up some decent volume. They should be able to pick up another 500-800k up to the 51 cent level.
Not too many instos managed to get set in this most recent capital raising.
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