Bummer about the capper at 39.5 this morning.
Would've immediately moved onto 40c.
I have a feeling I've seen those 1.7m shares before.
Does his name perhaps start with "w"?
If you're reading this Mr 1.7m at Open - why not spread it out and move it up 5c?
I just made you 100k+ more. Thank me later.
This week shows just how many were on the sidelines watching this stock.
It was on a hair-trigger buy and it only took one more positive announcement to turn the tide. We seem to have a whole bunch of new faces here now.
As the cheapest share in the ASX200 we become a bit of a beacon once we demonstrate that the direction is back to stair-stepping upwards again.
We may finally see some benefit for entering the index.
With the company moving towards shipment the breakout from 36c capping was almost a no-brainer of a buy signal and its caught the shorters unprepared and underwater.
They're not in a massive hurry though. It's the kind of languid pace that people react when they are losing other people's money...
While we're in the ASX200 they will never go completely away.
Just be one of the things that buzzes around but the sheer volume of uncovered shorts proves they haven't judged this one well.
Next news will be shipping and ticking the final boxes at the plant.
With more going on I hope management can keep kicking out the announcements.
Shorts hate good news.
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