GeezerThis is a hard stock to chart, as there is such a little...

Geezer

This is a hard stock to chart, as there is such a little amount of stock out there!! Holders are not selling and most of the loose stock has now been shaken out!

The key is the parent company!!! Have they finished selling??

The high volume in recent weeks has been mainly Gujarat NRE selling. Now for two days we have seen none of the 50k parcels being sold to the bid. I take that as a signal they have stopped selling.

If they sell some more then she will soften again. If they have stopped, it will start to rise from here.

The one thing that has been good to see is that they have not let it fall below the 30 cents mark. So IMO that is the base.

I hope I am right .. but if they start selling again, I will bow to you!!

cheers