Afternoon all… yes look at the last 64 days of trade and you...

Afternoon all… yes look at the last 64 days of trade and you should see that (by my count anyway) there were 23 days where end of day price was below .9 cent and 41 where it was .9 or higher.
When you look at 12 months you can see that since we hit the real low on the 23th of November we had an average price of 0.8 up until around the end of March where we see the beginning of the more frequent 0.9’s. We have definitely had some peaks and troughs but the average price has surely gone up (if not by much) to .09 and lately this seems to have become a new point of resistance, with only 3.8 million willing to sell at that price so far today.
We are currently seeing a lot of action at the 1cent mark and although the trend is a slight one, if it carries on the way it has then very soon this will become the new floor. It is a matter of note (to some) the position of the 90 day MA as well.
Anyway without going too crazy, I really think we have a stock here that, whilst it has its peaks and troughs (which some call pump and dump – and maybe they are) is albeit slowly, moving up.
Better management would probably help – maybe - but they did manage to get us through the really hard part of this year and not go bust whilst many did, so you so gotta give them something.
The imminent news of Mt Bevan is only going to push this baby higher. All of this is IMHO of course

Regards Livelife2day