Don't know much about the company itself but purely from a charting perspective there is an obvious downtrend line (currently around 57c). A break above this would be a minimum requirement for buying. It would take a lot more than that for me to buy it though.
Personally........never buy a downtrending share is a good rule.
PS I believe packer bought into this at higher prices........but then again he also bought into TMS at about 3 or 4 times what it currently trades at.
Ed.
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