TA - Technical view
Just going off the basic chart !
Gap created between .13 - 14c , so we jumped direct to .14 without trading in between creating weakness in the SP.
This does not mean this has to be filled , but most TA traders like it to be filled before moving on to a stronger SP.
Unless a massive news is released and propels it over the .18 resistant.
FA - Fundament view
It?s going to make a lot of money with some of it products in my veiw,
Just on Bodyshape @ $100 x 2m sales for the first year =$200m -50m expense = 150m /850m shares = 0.18/SP approx.
+ add the other 3 or 4 coming onboard soon, so the figures and profits get big!!!
That?s how I see it anyway!!! Like to see others veiw!!
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