Easy to wipe off 10c on low volume and lack of interest. VERY...

Easy to wipe off 10c on low volume and lack of interest. VERY difficult to gain 10c when volume picks up. Not to mention day traders that will be all over this stock.


Hi Barnsty

Good to see you are still watching.

I disagree with you, this stock went from 28c to 76c on nothing more than an announcement that ANZ had left the building and anticipation of good news in the infamous Sept 3rd meeting.

The Sept 3rd meeting delivered nothing new and with the delay in Ropren pricing and still no idea on sale volumes the stock has been in a slide since September 4.
If we get good news soon I believe 30c will be achieved easily.
There will be little volume on the sell side so buyers will have little choice but to up their bids.
This is all based on good news but if news is bad who knows how low it'll go.