And a positive announcement on the earnings outlook is all it'll take to send this stock back up to 20c and beyond imo.
There's been virtually zero trading volume since the December rights issue.
So despite all the new stock that was issued, nobody has been selling despite the constant presence of buyers at and around the rights issue price. That's a great sign.
Sure, nobody has been buying either, presumably because most people following this company got their fill in the rights issue.
But a good announcement should stir things up. We just have to be patient.
SRH Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held