Ann: Half Yearly Report and Accounts , page-5

Big support at $0.52. Do not see the stock falling below this level today.

The stock ran up too quickly. The half yearly's were good for two reasons:
1 - The growth in net loss has slowed significantly.
2 - Revenue increased dramatically by 40 odd %.

Measure one alone demonstrates that Bouris is doing the right things to turn this company around, but the underlying result is still a net loss. A complete turn around cannot happen overnight.

In the short run stock prices are a function of expectations, not fundamentals. As we have seen, at $0.72, all buyers were exhausted. Some punters and traders decided to get out, realised there wasn't enough liquidity, and then pushed the price down. As the price ticked down, more speculators panicked and pushed it down to where we are today at $0.525.

There are some very happy buyers at $0.52 right now.
If we go below $0.50 I may even join them.
Keep in mind that MQG was happy to pay $0.40 4 months ago. If we look at it on that basis, 25% above what MQG paid seems very cheap given the advancements in revenue numbers and the positive signs in the bottom line.

Good luck