price movement, page-2

I really dont know why the price is falling (big volumes too!)

On the one hand the directors are telling us the project is worth 350c per share and one must expect that this will give rise to a price rise in this direction.

On the other hand the market is reading the situation differently and marking the price down.

Its as if the market is sayig that the directors view is not correct!?!!!

As I have said before, from a technical point of view (per Catherine Davey, a rated analyst) the current fall is unimportant, in fact she says, the longer it stays in this range, the bigger the potential when it finally breaks. Current support is at 5c

The fall in price only becomes important if the share price falls below 4c which would change the outlook to bearish from a technical point of view.