Imo, in conjunction with current news, cash at bank, comparisons...

Imo, in conjunction with current news, cash at bank, comparisons to A2m, BUB, supply & demand play a very large role in the direction of current share price.

With exercised options the share register stands around 600m.

The top 20 hold approx 71% and are holding tight.

29% of share register available to the market. Approx 180m shares on the proviso holders of the free float are selling. If they are not demand greatly increases as supply diminishes.

If we look at volumes traded over the last two trading days since news released demand remains very strong as heavy accumulation continues regardless of current sp increases. Volumes traded show day and short term traders plus converted options being sold, possible stale bulls are continually being absorbed “so far”. And Friday was a great indicator retaining a 40% gain from Thurdays session

Accordingly supply is not available to meet demand. This points to further substantial sp increases. Imo Monday will strongly reflect this theory and anticipation remains for a break through 20c this week.

The news is still filtering out to the wider investment community.

China is on the horizon!

Motley Fool and other investor press comparisons to A2M, BUB etc continue to fuel demand.

If a Malaysian sales update which could be a major catylist is provided that exceeds current expectations imo we could see BXN easily into the mid 30c levels very quickly.

All theory to consider as things continue to unfold. However I have strong confidence of the above occurring. All the best to all.