I am thinking that accumulation is happening and every time this hits 11.5 a small seller steps in to stunt the growth............disgruntled jumping out and back down to 10.5........rinse and repeat.
No news so no trigger to buying but the trading pattern IMO seems to favour the accumulator. Not sure though as to who is doing the buying ..........could it be from Michaels camp to shore up votes against any rogues wishing for a board spill? I am leaning this way but of course pure speculation. Is Bell potter buying and averaging down? I doubt it but we never know.
The best we can do for now IMO is get the numbers on the board and then begin the process.
AHF Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held
