Keep your eyes on SRA - Strathfield.They have come down from...

Keep your eyes on SRA - Strathfield.

They have come down from $3.57 in year 2000 to around 4.5 cents now. Recently there have been two positives for the company. Firstly they have started making reasonable money again, after changing their product mix to something a bit more like JB HiFi's range, and secondly the ex director has disposed of his huge sheholding to parties associated with the current directors.

This means there is no huge overhang on the market, and the company has better times to look forward to.

Based on the chart, on a semi-log price scale, of course, you would expect the downtrend to break should sales occur at 4.8 cents. The result would also be a higher low.

Woth watching IMHO.