hi jovessentially i agreehowever the bit that doesn't sit well...

hi jov

essentially i agree
however the bit that doesn't sit well with me is that we are only talking about a company that has gone from a mc (fully diluted) of $10m to $20m on the back of BV and all that it entails.

if the concern for some is technicals, well i have been saying since 36.5c that a consolidation leg and a retest of 33c (april high, 50DMA and 50%fib) would benefit the longer term outlook of the chart. the oscillators have been in overbought territory for quite some time, so the suggestion made last week that this was just a trader run on the back of a market rally is kind of unlikely.

so if the concern is fundamentals, or an apparent lack of glossy announcements and conspicuous displays of activity, then i am genuinely suprised, as i thought the last update pretty much confirmed everything which supports a much higher market cap than $20m.

not sure what some are hoping to get for their $20m, but in my experience it is usually a whole lot less than what was written in that supposedly pathetic update?