higher risk potential trade on this due to overdue announcements and uncertainty of DD outcome.
Volume has improved in recent days, and rsi/macd are having a peep.
Uncertain overhang of shares from recent SPP, but recent trading at 12.5 indicates there are not too many dumpers selling for a mere 1.5c profit.
An aggressive buy late in the day today despite very poor buy depth, followed by a weak close. Vwap today ~5% above yesterdays on 300% or 100 day average volume.
Overdue UK announcement might propel it in one direction or the other.
DYOR.
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- reasonable volume
higher risk potential trade on this due to overdue announcements...
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