well the volume is there... could argue both ways... not sure exactly whos doing the selling/buying as I dont have the screen in front of me but I can see on comsec its the second highest selling stock (on a net basis).
I see on the depth though buyers of 200k lots come in and get hit by 20k-50k lots on average... on the surface it looks like traders getting impatient but I agree its not unheard of larger shareholders using the likes of comsec etc to give a false appearance.
Tomorrow will be interesting as we'll see the press views on the stock and what the wider public think.
Tomorrow could be a short term sell if it races closer to 40c... I'm buying on the close with this view (as long as DOW futures don't take a nose dive the next 30 min).
Cheers, Munch
ASC Price at posting:
0.0¢ Sentiment: None Disclosure: Held
