a low volume day by gondwana standards and an interesting supply/demand position building by the look of the top two price levels being a ratio of 5 to 1 now (10.8m to 1.9m buy to sell volumes) up from 3 to 1, 4 to 1 ~.
Looking forward, the sell side seems to looking towards some volume at the 2.7c level on the sniff of some price sensitive news followed by 3c.
today's vwap and close at 2.2c looking like the base stabilizing after the last few weeks being in the 2.4c to 2.6c range of vwap.
Looking for some announcements or increase in trading to move back up to the 3c level I'd expect.
Head office should be busy working on bringing out the new website and further updates on the numerous projects and tenements in the pipeline.
fs
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