No idea about technicals, however due to the large amount of o/s money coming into PBD, I would suggest the behaviour of the Aussie dollar will play a big part. If the Aussie looks like it will drop to 80c as predicted by one investment house today, then shares might be sold on the drop and bought back in when they plateau. Lots of unknowns (risk) which is good, as that is where you make your money...(or lose) Given current trading behaviour I can't see the shares going past 3c this year. One problem with most of the shares owned by a few people is that it is less subject to market forces. Not sure what percentage of PBD is not taken up by the big players, but given the notices on ASX, I would say not a lot. You're not greedy, just ambitious! :)
PS. DYOR.
PBD Price at posting:
2.1¢ Sentiment: LT Buy Disclosure: Held