solid resistance at 16c!!, page-19

the MD of a company that has seen 25% of its issued capital turn over in 9 trading days should be as concerned about who is now on the register and who has left .
It is fortunate for the kagara MD that the insto lemming like behaviour must account for most of the departees...though they wont be backing him again in a hurry.I mean: bought at 31 cents in the placement in December , sold at 17 cents in march does leave a bad taste.
And the incoming parade of shareholders will have lower expectations ..he may hope .
For derring-do short sellers it is a no-no ...they can hope for a 0.5 cent turn maybe ..whereas those long (like me) are awaiting the 5 cent bounce from here .
let's see .