This year it has traded in a range of 55-75 cents on daily...

This year it has traded in a range of 55-75 cents on daily volumes that equate to the price of a cheap unit in Tasmania (no offence TAS).

Management opted to have a CR and so some instos have played with the resulting sp inevitably. Imagine that the sp went up after the CR dates. We would be saying that some took a quick profit (as they are likely to do).

CRs create these issues, however the longer term indicates to me that the sp has indeed begun trading in this 55-75 channel and that we are at the bottom of that channel.

As antibotter said the AGM is on this coming Thursday afternoon, there are no financial concerns due to strong support, vivagel is getting to market, related products are advancing in China with patents, Japan must surely be close (that is a good AGM Q).

So to me it is trading in a band and in all likelihood has no reason to break below that trading position.