nice build up., page-22

On the volume question, the average volume in the last bull run this stock had from 23/03/2009 to 12/06/2009 was 3.3 million. During this period share price went from 19c to 48.5c.

12th June 2009, when the 50c options were issued by management, marks the end of the bull run for me. From 15/06/2009 to 23/07/2009, which was a bear run period, average volume was 1.1 million. During this period share price declined from 48.5c to 36.5c.

Hopefully the cancellation of the options on Friday (24/07/2009) marks the end of the bear run.

Average volume for the past two days after the cancellation of the options is 2.2 million.