Dear George,
We all know that that the share price will get tested and all mid and long term investorts realise mid 30's will be a line of support.
However , you do not seem to realise a very important issue. Where we are today and yesterday is based on very little volume.
Low volume means a nummber of things in share trading.
a. Small investors selling our small positions
b. Small investors being spooked into selling.
c. Large players selling a very small portion to buy at a lower price.
d. No direction and awaiting further market info.
and the list goes on.
One thing is clear if we have serious volume of about 25 Million plus daily , consecutively for one week, then your views will have merit.
WMT
western metals limited
