SP Movement, page-9

As others have alluded barring today, most days in the red have been on low volume. For e.g last week we were in the red thanks to one $1100 trade but then there are days with a fair bit of volume but price doesn't go up much as people accumulating are quite disciplined in what price they are paying. Thanks to a string of annoucements and roadshows, I suspect a few short termers got in and at getting out now. Equity story also commenced coverage ( though don't know if it was ST or LT).
Lastly, we have been listed for 16-20 weeks, broader market isn't aware and insto's will get onboard when there is sufficient liquidity which will happen when we raise cash or the performance shares hit the market.
E.g: Winagara - another micro cap with little liquidity ( less than 125,000 shares available ). However, NAOS managed to get 5%( 2 or 5 million shares- can't remember ) of the company following cap raise or off market transfer by large holder.