I'm still waiting to see what we get for margins in Q4 before getting a better feel for things going forward but I think there's potentially still a lot to come in 2010 and this is along term project/investment for me. This little company has a product that is a good big step ahead of the competition in a big industry and IMO is still relatively unknown outside Western Australia.
It has been satisfying seeing this company pop back so quickly and become one of the better performers in the microcap universe this year.
Stock Action - It is the same as it was before. The price moves around with some volume when there is news or earnings released and then for several weeks after. Then the stock price starts to drift with lower and lower volume in the void of any new information.
I took the opportunity to place stink bids in assuming that the PPS will continue to drift slowly down on low volume until the next earnings or 8-K to come out.
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