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2,091 Posts.
206
28/03/19
14:06
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nice to see a few news faces on here (have met some on other stocks).
There has been downward pressure applied to see how many will sell (through panic) aswell as profit taking.
37m shares traded so far today and 52m yesterday. Thats over 17% of the total shares issued.
I'm sure the Top 20 are holding their shares, so of the remaining share float (circa 245m) over 36% has been traded in less than 2 days!!
VWAP for yesterday was 37.4c
VWAP for today is currently 38.5c
A solid base is forming at these levels, before the next leg up.
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