Placement Released, page-5

still working through the oversupply i imagine. they released $3m of new shares on the register. Only a portion of these will want to sell (and won't want to sell below the $0.030 offer price of the placement) and in the last 2 days only about $150k has traded. So i predict a floor of about $0.030 will occur for another week or so and will chip away at this oversupply and will rise after that. I have seen similar action on lots of other placements and used the predictable share movements to make profits. DYOR though.