Trading on CAP mostly died after 12 pm:
Also bulk of the trades today occurred North of 52c. VWAP was 52.37c:
Stock is still consolidating in the 40c-60c range since the announcement of 20/04/2010. It seems to be developing an on-and-off habit i.e. strong one day weak the next. Seems to be the effect of short term traders who buy on T+1 basis and hope to sell by end of following trading day at a profit. Some got stuck today and I would hazard a guess that those selling at forty-something cents today got stuck on a T+1 trade and had to liquidate today notwithstanding the loss. Over coming days hopefully the T+1 effect will even out and we won't have to rely on one substantial shareholder to keep supporting the share price.
Chart looks a bit like a pennant with converging trend lines and decreasing volume:
trades today
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