someone determined to hold it back, page-19

I doubt they are that organised Joe, watching yesterdays effort. I would bet if the selling eased for a few days it would drift back to 27c. I think there are enough who hold the stock, some from the placement, that would see this as an attractive price. But, why bother if the buyers are coming to you? Historically, each time the stock has stabilised in the last few months buyers have stepped in. If they had held off a week around 27c I think it may have taken care of itself. I'm not concerned though, this is much better than chasing a rising sp, and rare for me when I'm buying.

Interestingly, the stock hit it's lows in last years silly season on this day, the 3rd of June, at 27.5c, by the 1st of July it had recovered to 34c. The very last day of the financial year there was a quick last minute 80k dump down to 27.5c, but it closed for the day at 28.5 and gapped up the next day. Keep a little bit of powder dry just in case.

If, as you and Firsova suggest, the company is in better shape this year, and I have no reason to doubt it, then we are seeing bargain prices indeed. Right now, that stubborn trend line I drew and posted nearly 6 months ago is firmly intact. Considering the dividend I really thought 27c would hold give or take a cent or so. The sellers are now right on the verge of breaking it, and would have if yesterday's polava hadn't happened.