NM is one shrewd dude and I for one think that if he was going to do a cap raising he would have done it by now.
I see SOLG up slightly in early trade holding that 40 p level and looking to run higher on announcement into.
If we get a good result this announcement then 15 cents will become likely support no? It has crossed twice recently and isn't it that third times a charm?
In terms of technical trading is volume an issue?.. Let's say you cross over with low volume 50,000 shares from 14.5 to 15 does that weaken the technical relationship, or does it just need to cross???
GLTAHolders and traders alike!
DGR Price at posting:
14.0¢ Sentiment: Hold Disclosure: Held
