I would say that their might have been a bit of tax gain selling...

I would say that their might have been a bit of tax gain selling (today the first day of the new financial year). Probably those who were lucky enough to buy in at a 2-3 cents who just wanted to lock away an easy profit.

I thing that a few may have impulsively sold too worried by the selling.... but the selling stopped and some solid buys stepped up which ended up not getting filled showing who ever wanted to sell was out.

I think that the spare price will continue to creep up leading into the independent report. The selling was not necessarily a bad thing as the shares are now in the hands of new holders who will not sell until much higher levels.

In fact there has been some good volume of late in general.


Francoo the dork.