I think it's just a bit of psychology comming into play, the SP has been on a baseline not showing any direction for sometime, even started to look like it might slide further (perhaps deliberate tree shaking), with the recent volume buying, a lot of bystanders are now more confident to enter/average down & so a wave cycle begins. Soon people will think, this is the last chance to get these low prices (rightly or wrongly) as the momentum gains & volume rises, people start to think news is comming (rightly or wrongly) & it all culiminates in whether positive news comes through or whether it was just a little bit of baseless euphoria. Looks like a buy right now, would love to have the balls to buy those oppies at 0.1, I strongly suspect they might just move a bit if we get up near the 3c mark.
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Last
$2.22 |
Change
0.000(0.00%) |
Mkt cap ! $388.8M |
Open | High | Low | Value | Volume |
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