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POS 4.0¢

30m shares traded this week

  1. bahar

    7,549 Posts.
    This week just over 30m shares were traded, last time we had this much shares traded in a week was also during the first week in July, next week will be very interesting to see whether the 13c seller will keep appearing, if not we might be heading up to the high teens, once again the pattern of trading this week is very identical to that first week in July, also will not be surprised if we have an off take agreement announcement, in the quarterly the company did state that the company is in negotiations with more than one party.....POS finally is looking primed and ready to go higher, there are lot of things to consider and look forward in the next 8 weeks, too many to mention but the quarterly says it all.
    Also I wonder whether there will be a pump from the big boys, remember the placement was done at 18c, $30m worth and the stock price never saw 18c or over since the placement, surely these sophisticated/ strategic/ professional investors wants to at least make 50% profit from that [27c], which incidentally is the 12 month high, it will all remains to be seen but very bright prospects ahead.

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