SPT - Technical Analysis, page-315

Yup, probably the final red day tommorrow at this range. No one knows the bottom (or top) as someone memtioned but will be surprised if it falls below spp price. I topped up more yesterday at close (clearly don’t read these technicals right). Come next week we should start seeing a new uptrend hopefully. Despite not ideal short term outcome on the sp, I take heart in the ~ $1.5-2m that directors have subscribed for & the tranche 2 $45m as those ppl don’t flip for 3-5%. For spt to get $90m from institutions at 1.3 I’d expect it to be $2+ before they look to sell. My limited experience with stocks that have been in a range for long is when they do eventually breakout of that pattern, it’s a substantial rise (WWI 2-2.3 rough for 2 months, PBH 5.0-6.7 for a long time & many others). 1.35 was its support multiple times last 2 months & could break tomorrow so will test many weak hands. For me its a case of staying patient & allowing time to deliver on potential.