support

Looking at yesterday and early trading today I have been surprised that buyer support was far less than I would expect for this stock.

Short selling has been minimal and not really a factor in the current action. The lack of short sellers is usually a good sign and yet buyer participation has been quite weak.

I have thought this surprise weakness must turn at some point when the market comes to a view that this could be a good entry point. I notice that some buyer interest has now begun to appear at 17c and as a consequence some buyers are buying into the 17.5c sell side and in fact the 17.5 sells have all been taken out as I type.

Perhaps the weakness is about to dissipate.

cheers all