Todays 14% rise in the SP on a volume of 2.1 million shares seems to indicate the start of some sort of a rebound.
There is currently 3.5 buyers for every 1 seller so that looks promising for the SP to work its way back into the thirty to forty cent range.
What is driving todays rebound?
Obviously some people were keen to get in and take a position.
One possible driver may be the imminent ann of a new MD.
Could be a takeover?
Could be one of many things and if it happens no doubt the conspiracy theories will raise their heads again.
Keep your eye on this as things could progress at a rapid rate of knots
Todays 14% rise in the SP on a volume of 2.1 million shares...
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