price action, page-41

I thugt Saturday the range for today would be 5.2-6.0. Looks like it'll stick to the upper half of that range today. Very strong volume of > 60M should clear out plenty of profit takers from the rights issue - hard to imagine folks wont take almost 100% profit on whiat they were issued at 3.0, especially the likes of Paterson's. Still, that volume means new holders for the next phase of the Arrowsmith-2 projec, bt they failed to push it above 6.0 so this level will remain the current resistance in the immediate term.

Very good result today, well done to alll holders.

Cheers, Sharks.