Hi Caketin - at these prices I cannot see any cheaper entry. Hi...

Hi Caketin - at these prices I cannot see any cheaper entry. Hi Firsova yes I also got some more @29c will think of putting in a bid @28.5c now to see if anyone wants to throw their shares away.

I think that there was a strong buyers list at 37c and now that it hovered below 30c they will be concerned. Many will have large profits this year as well so I expect weakness all the way into 30 June. I do think the long term support line in between 27.5c and 28c - however management have added a huge number of shares to the float this last year. I think this weakness will remain until they deliver the management forecast. Then I expect it to rebound with strong support.

I think management did a lot right ( around a 85% score by my books) but if I am critical I suppose it was the large leap forward in Cap raising last year and the generous distribution. I think that 1c per share for the year is more than enough for a growing company. Cannot see the logic of the 0.5c at interim.

In my opinion company is well run and is doing all the right things but it has as yet not built up enough shareholder support base to absorb the number of shares that will trade. It needs a good year end result and a smaller acquisition under its belt in my opinion to cement the base. It also needs a few more good articles about the company.