The real big profit takers are most certainly out. That's why sp didn't fall below 4c. Too much turnover above 4c to let it easily slip back in the 3s. Of course there is no guarantee it couldn't happen but very unlikely because of the strong fundamentals. Recent sp movements are typically for that new company chapter, the engine started to rumble and once it's running smoothly we will see sp to climb.
Next "psychological" hurdles are at 5c,10c and so on. The chartists my disagree but psychological and human factors are stronger than fundamentals when it comes to those levels. All stocks went through that and ZRL won't be different. There will be huge trading opportunities with the daily spreads of 3-5 tenth very common.
GL to all and if fundamentals don't change this will be a winner. Just be patient, the second 2 or 5c steps are faster done than the very first. Not a prediction, just the way stocks with a great future move.
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so how good were those results?, page-36
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