I had these between 3 and 3.60 from memory back in 2010 and have kept a loose eye on them for Merlin mainly.
Missed that last bounce and planned to have a stab this time round along with a few whom obviously shared the same thought but when i got there, the selling didn't stop like last time.
I can understand the increased volume once that support failed.....Where the hell is the bottom now?
There's a gap at 44 cents dating back to 2008.....Surely not?
Have to watch for a higher low i guess.
IVA Price at posting:
69.2¢ Sentiment: None Disclosure: Not Held