"someone building wall at 12c... "
I don't know that they are - it will certainly prove a very inadequate wall if buying volumes return to mid-March levels or anything like. I'd guess that it's just the next profit-taking level, and we can expect more of the same at 0.5c intervals until at least the old high at 14.5c.
Such resistance is only to be expected - we've doubled from our lows in double-quick time, after all. I don't think it will prove very strong. The beauty of the very high volumes in March is that we said arrivederci to a huge overhang of weakly-held shares.
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