Where to now?, page-62

Keeping an eye on the price action of late, with volume increasing with the recent downside moves.

Cash at bank circa $3.7mil is the market thinking another CR will come before year end?

Interesting to see Alium reduce their position from 27mil shares down by 2.5mil shares after being a longer term supporter and quite active on market.

I wonder if the recent pick up in volume is them going again or something to do with the loan agreement they have pledged their shares against hedging out some stock to remain within their agreed LVR???

A close below 22c would likely see price action accelerate to the downside pretty quickly IMO, based on the technical setup at play at the moment with the 16c - 18c range likely to come into play.