Technically still in a nasty downtrend and no reason to get involved unless a short term trader. Personally, I can see this drifting down to sub 6c. It may trade up over 10c in the next few weeks before resuming its main trend south. 10c and above may see a lot of shareholders taking advantage to cut their losses. I'll take a stab at picking the low at 5.6c around September this year (give or take a month). You've heard it here first.
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