G'day,
Playing around with my technicals I feel a spike to $0.49 is on the cards in coming days.
Volume, you will notice on average is still rising, and I feel we will have a couple of very high volume days in the next few days, after the little rest which happened over the last couple.
I just can't see downside in this chart, esp considering the way $0.38 has held over a number of days.
On a fundamental level, i spoke at lenght to Martin Soust a couple of months ago. He told me then that the final multi site trials of arway clear were due to start in JUNE. This is one of the big babies which fits in nicely with current technology in use by other companies, of which a number are assisting.
I said months ago PBI would outperform SLT technically. Quite happy really.
All the best
PBI
premier bionics limited
