Ann: Change of Director's Interest Notice, page-38

Agree with Jamwolf on this one, fundamentally it is hard to see it falling below a $40m market cap, hence the point of support you mention 4 sight.

Plenty of stocks post decent results and take a while to get noticed, for Hills it is likely to take some time for the market to trust them again.

Momentum is the other factor, there isn't a signal for someone that is watching to have to jump on board now, as the trend has been sideways for a few months. Some investors will look for a signal (fundamental or technical) to enter and without it they stay on the sidelines. I guess the risk there is a big announcement comes out and because there isn't a lot of shares on offer, they can't take a decent position after the news, or breakout has occurred.

4sight - agree on the technical indicators, not many look that great. Any chance you could post a chart, or indicate what timeframes you are looking at? I don't love the daily chart at the moment, but the weekly and monthly chart still look reasonable if we can get some buying pressure back into the stock price.