Hi Gooru25,
Not sure why that would happen! How soon?
When I review the volume its been very low since April, May & June when it had the run up to 26.5c but since June the volume has been very light and hence the price has drifted back down by July to the current 16c - 17c range we still find ourselves in today.
It has some nice support at 16c but with no large volume coming through hard to see any movement up or change in ownership based on the last 3 months of sideways movement and little volume.
I would like to see some more support from some of the bankers JP or UBS but on the amount of shares on issue and current volume I can't see anything happening until we get some more news.
Happy to be wrong.
Cheers
Hotlegs
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