Since acquisition

Considering in mind its a long weekend, its been 10 weeks since SRT acquired Intiger.

Here is some data re volume and closing prices (apologise in advance as I have no access to historic Chi-X data)
1st week - only two trading days with 135m plus volume... all between 2.2-2.8c with a close of the week at 2.2c
2nd week - 4 trading days with 85-90m volume... all between 1.8-2.2c with a lowest weekly close of 1.8c...
3rd week - almost 80m volume between 1.7-2.1c with a close of the week at 2.1c.
4th week - almost 75m between 1.8 and 2.4c... the weekly close was 2.2c again.... It made a first attempt to breach 2.4c since the acquisition.
5th week - almost 65m between 2.1-2.4c... the weekly close 2.2c again... another attempt to break 2,4c...
6th Week - 35m between 1.8-2.2c. the weekly close of 2c. It back tested 1.8c this week. Lowest weekly volume as well.
7th week - 50m between 1.9-2.4... the weekly close at 2.4c... another attempt to breach 2.4c...
8th week - 90m between 2.2 -2.6c... volume picked up with a successful breach of 2.4c on daily... a weekly close of 2.5c which was the highest since acquisition.
9th week - almost 60m volume between 2-2.4c with a weekly close of 2.2c. DD was completed this week.
10th week - 4 trading sessions with 40m volume... second lowest volume week since acquisition. Another try to break 2.4c and failed and another weekly close at 2.2c...

All in all, it closed 5 times at 2.2c since the acquisition... as per my estimate, most of the stock traded between 2.1-2.3c with almost 720m traded at ASX alone... As they say... the more it soaks at a certain level, the harder it runs...

The most interesting thing is... it has made only two announcements during this time... the first one was related to DD being delayed and second related to DD being completed. Both announcements have no meat at all, simple plain information... SRT also became the first shell IMO who made no presentation n rather decided to complete the acquisition...

Finally, we are expecting shareholders meeting notice late March which has 3 trading sessions left... we are also expecting prospectus late March... on a positive note, shareholders meeting might attract some attendance... I would definitely attend the meeting as long as I hold which I would until and unless it make a minimum of 4c (first price target and a rare chance of happening before the IPO is done IMO) or gets sold down on a bad news (rare chance)

As always, buy sell or hold based on your risk appetite...

Cheers and enjoy long weekend