I got in this one over the last couple of days. Theres some compelling drill results coming out that is for sure. Very few shares on issue as well.
It looks like a floor may be in at 20c, its a nice round number and the market depth is showing a bit of a crowd of buyers there. Then theres more buyers lining up to current price than sellers. It looks like a really tightly held stock.
The lack of volume today and no price movement indicates an empty zone where we've hit short term equilibrium. Price should explode out of this one way or the other and there is a better chance of it going up than down by the looks of it.
Add to My Watchlist
What is My Watchlist?
