It failed to breach 3.6c as I suggested it might...
Not sure however whether this is by circumstance or design?
The volumes are too low for a genuine run over 3.6...so the finish is perfect in my view.
To hold 3.6 today we needed to see 20m or so trade...and if we had, it would have been too fast too soon and simply resulted in a spike and blow-off top for next session.
Perfect would have seen 20m trade and a finish with the bid on 3.6c...what we got was probably the next best thing, with the obvious scenario now of trading into and above 3.6c next session and the likelihood of it holding.
As I said suggested last night, I was in the market today, buying both shares and options!
Cheers!
BPO Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held