Am not a soothe sayer but see a slight turn of the worm in this morning's trades.
Instead of institution soaking up mums and dads selling below 38 cents, buyers are nibbling away at the 38 cents sell which was placed to cap price.
Quarterly report due on Friday.
Should see SP move to comfortably above 40 cents I believe.
An evential 70 plus cents this year would not surprise at all.
Now this morning's trade is too small a piece of the puzzle to make a strong claim of a change in trend.
Use your own judgement.
But don't miss out now!
Cheers
NT
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