I have heard Terry Fern say on a couple of occasions that the goal is to have the company at a market cap of $300 million at which point he would be hopeful of a suitor appearing. I think he was only half tongue in cheek.
We have now had some 3.5 million shares spilled since the 6 December high of 1.37 and today we reached the lowest point since then of $1.11 admittedly on a piddling bid of 1,100 shares.
Would hope the sellers have just about finished otherwise things could continue as they are for a while. What we need is some positive news.
PSA Price at posting:
0.0¢ Sentiment: None Disclosure: Held
