Hi stossI will admit that I don't have anything sensible to say...

Hi stoss

I will admit that I don't have anything sensible to say about the PXS chart and if it has bottomed or not. I only have divergence on a couple of indicators which is not enough. If the cross trades are removed from the trading recently, it has been falling on small vol, which is possibly a good sign. The break of 2.04 recently bought in more sellers and possibly cfd traders. I really don't know what PXS management can annouce to pacify the masses. We can only hope that some institutional investors will step in and support the share price.

I will admit that if they didn't have a lot of cash on hand I would be really worried about this one. I was asleep at the wheel with PXS and that "rounding top" pattern. My own fault because it is a long term hold for me and I don't follow the share price & chart patterns on a regular basis.

The interest on the cash will definately help the cash flow & I suppose the strong oz dollar will help as well. Others may know more about that though.

Sorry, not much help