Not sure who watched the close of trade last night ...in the...

Not sure who watched the close of trade last night ...in the battle between 19.5c and 20c, I just don't understand why the seller would risk dropping 5% on that number of shares in a game of brinkmanship.

The 19.5c close went against the run of play, and was probably caused by a large position and computer automated trading.

All they needed to do was to raise their bid to 20c ...end of risk ...beats me. Even then, they would still have to line up again today if they wanted to buy them back.

Perhaps someone scared them by making it appear that their may have been a dump on the stock.

I have never been one for selling out under duress especially in a company trading so close (or under) it cash and net tangible assets.

Perhaps we may trade around our current SP area until news is forthcoming.


Cheers,