last time30 Jul 2018 09:24
CLP was this level was back in April and only for a few days, equally only on this level a couple of times in the last year and again for a short period only, important point to note, look at the yearly chart, last placing was in May at .95p,as company in better position than previously, another important point .
So most folk will be holding shares a lot higher than .70p and therefore at these lower levels with either have a starnge mix of loss making sellers who off load them in nice 100 to 500,000 blocks or we have a 'trading' strategy' being played out at times,...trading is not a problem per se, the key is to identify it note it and recognise it....I think we can see this is collection of any cheapies period now, if none off loads, they may try a few blocks into 68 /69p area but it'll bounce out quickly as other will load too and push the sp up quickly...or they accept this is the low and gradually roll block buys back in with a few sells to collect at each level on the way up, always keeping an ear close to the ground for news that may spark movement...or as may happen anytiime soon , maybe , another large buyer enters the game ahead of expectatations etc....game on..lets see ;-)