The CR on April 20th at 13 cents raising $5.4 mln is a significant level as not only is it a chart support line as we thereafter hit 24.5, but also a line in the sand. Many Insto's will support the SP at this level as protection, seen it happen many times and too many to mention.
I'm pretty sure Collins St Asset Management holding 8.5% will be adding if it trades there.
The CR on April 20th at 13 cents raising $5.4 mln is a...
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