If there are some out there really wanting to build positions, then Fridays action was perfect.
It's often said sliding down on low volume and pumping on heavy volume is where you want to be. My only concern being how much the volume was on the big day, some 5% of float? That screams traders and algorithms.
I think after last weeks action, we got a lot of eyes. Strong Monday and very good results are a great catalyst. Hard to see them holding results to after the doco considering the documentary will likely have material news in it (3 patients and how the therapy changed their lives).
IHL Price at posting:
4.1¢ Sentiment: None Disclosure: Held
