Given you're someone who has been trading the stock at these levels you're very hard on the stock. Perhaps you're sentiment should really be stated as either 'Hold' or 'ST Sell'?
8.8cents is only -2.22% below the current price. And purely a day trade movement at best.
Given your comments and recent trading in the stock, one could conclude the you might be the man behind the 2million share order that appears daily at 9cents? Are you attempting to scare long term holders into selling to you?
The BOT is the only thing keeping the share price suppressed at this point in time.
The only short term risk I see here is on the upside (opportunity cost) - so be warned you risk missing the boat on this one. Confidence is building and the majority of sellers have been purged due to recent capital dilution and slump in share price.
Rights issue announcement and new top twenty shareholder list should be published this week which should provide some insight into the winners/losers over the past few months and who is set up to ride the gravy train.
Gus
PLA Price at posting:
9.0¢ Sentiment: Buy Disclosure: Held