Feels to me like the tide is turning. We have had some very good...

Feels to me like the tide is turning. We have had some very good recent corporate news that has strengthened the fudamental outlook, and now we have broken resistance at 16c, which should be a buy signal for the technical traders on Monday.

There is still some decent selling pressure, but we now have a lot more buyers to soak it up. The close on Fri was well managed, the 300k seller amended his order to 100k, thereby ensuring the SP finished on the daily high (above resistance), rather than at 16c.

This stock has been in a down trend for such a long time that I'm not surprised it's taking a while for a lot of people to jump onboard (I think Wanelad's approach is fairly typical, but those with a slightly more aggressive/bullish aproach are getting set at these levels).

The last ann was outstanding, really spelled it out nicely to those that missed the previous ann over xmas.

Good luck holders, we can all sit tight over the next few months with a lot of confidence.