I don't quite agree with the "selling pressure is mounting" bit. At 1:00 there have only been some 98,000 shares traded. That is not exactly PRESSURE. Now, if 500,000 had crossed the wire and the pice were down a quarter, it would be different.
I myself am waiting for the price to retreat back to a level closer to the 1.80 PP price, before I buy more.
Has anyone given a thought about the pricing of the options that management will get at the AGM? It seems that no one has given this a thought as to why the SP is remaining so low.
I look forward to the AGM to meet fellow posters and to ask management the tough questions if no news is forthcoming before then.
Cheers, Ismore