Another ugly Monday with the recently pervasive theme of low volumes continuing. DNA is being screwed down by the bots with little effort needed to pressure the price. DNA isn't being singled out, similar story with other small caps (except NAN today) and the top end of town is being towelled up as well. The accumulation seems to have dried up for the moment with DNA and the sell side bot/s are clearly in control.
The recent upleg and 70 cents look to be a tough ask right now but it might just be a bit of a wobble and maybe the wheels haven't fallen off yet. We will get a better idea tomorrow, maybe today is just one of those days.
The top end of town is taking a towelling, this isn't doing a lot for broad sentiment. However on the brighter side it is a good buying day for the astute or adventurous depending upon one's point of view. I am fully in already so just a spectator. Luckily I had a parcel of NAN which has eased the portfolio pain to a large degree.
