turn around on news, page-2

Good support remains at around 3, placement to sophisticated investors should keep us here with the occasional dip below on minimal volume. Only 100K shares traded at 2.9 so insignificant. VWAP currently at 3.06. Sell depth still thin up to 3.4. Those sells at 3 are getting slowly eaten away, nothing to worry about. Such a red day on the ASX yesterday and the sp finished even, only down 0.2 at present but the day has plenty more in it. I still believe a retest of 3.8 is on the cards pre ann as punters take positions.