Good question. Well have to dig around and find out.
I have my suspicions that the churning of this stock is by traders, going by the depth on the sellside. That there are more people selling, even though the volume is lower. Compare the sides, at 4.2 cents there are 3 sellers for approx 130k, etc down the sellside, how do I explain it. I know it's not large numbers but the sellers keep popping up. I just get the impression that this is what is happening. There are not a lot of it going on but I do think it's it. Also this time of year is the TAX loss selling season as well.
I don't think we'll see any substantial increase in the sp, until the accounts come out again in Sept, unless they pull a rabbit out of the hat.
SEN Price at posting:
2.8¢ Sentiment: Hold Disclosure: Held
