A reality check is needed here.Some reasons why there is no need to get excited yet folks. 1.Where is the accumulation?If some people know something,then they are not accumulating heads.The low volumes reflect investor disinterest. 2.If something is up,where are all the posts in response?I believe many KSX holders to be well-informed about the possibilities.Their silence speaks volumes.[no pun intended] 3.The previous two days of greater volumes could be just day traders making their 10 to 5 percent and departing:a small volume today would support this idea. 4.Because small-caps are having such a terrible time on the ASX,surely any such impending developments would not 'fly under the radar' with such tough conditions.The hungry always smell food first!
I see no reason to change my prediction that the SP will range between 0.017 and 0.021 in the short-medium term.Of course,I would love to have 'dozens of eggs running down my face' next week:somehow I think I will be still having them scrambled on a plate!
Good Luck to all.
KSX Price at posting:
1.9¢ Sentiment: Hold Disclosure: Held
