Hi Young-Trader, Still a large number of buy orders compared to...

Hi Young-Trader,
Still a large number of buy orders compared to sellers, but still at 1 cent. I said we might be waiting a few weeks to see a surge in share price. A good announcement would not go astray. I reckon if a good announcement came along, I would not be surprised to see it go above 3 cents and possibly even 5 cents. Despite the share price being in the doldrums for a long time, it has been a much discussed stock which a lot of people follow. It has moved up dramatically in the past on large volume and I think history will repeat. Remember, there has been director buying. They will want to buy in early, then a few weeks later a price spike will emerge, for fear of being questioned on insider trading. The director knew that a capital raising was around the corner earlier and sold up, now a director has been buying up on a couple of occasions, which augers well for shareholders IMO. A floor has been established.