IBW - we seem to be going around in circles. I agree that the the price will drift with no news and that it could drop to 40p. In the past that price has been well supported and it has quickly recovered. The chart suggests to me a bound range formed with a descending wedge for the upside potential, the max for which is 57p. If 40p fails, then the next major support is at 35p.
I can see the line that you are using to support argument for 15p, except that the recent bounce from 40p rather dismisses that liklihood to give greater credence to a basement price of 30p, the next "wave" in the chart that I posted in #165.
I will go along with an argument for 30p in the short term (2 months) IF the 40p price fails.
In terms of taking my investment seriously..... I bought shares in TRK in anticipation of dividend yield. My origing timescale was for divi's to appear from 2007/8. This has been put back to 2010. Any capital growth in that time would be appreciated, but of higher concern is preservation of capital invested.
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