BIDS ARE BUILDINGSeeing some support at the 1 cent ask - now we all know it`s chump change but regardless a pattern appears to be forming.
After the relentless beat down into submission the asks creep higher - a whiff of positive news will likely trigger a quick triple here.
Once we see a take down of the mini wall at 1 1/2 cents we should see the pattern continue with the asks at 2 cents and then a slow build on the bids at 1 1/2 - the trend should continue to set a support level around a nickle or so as we wait to see the next card in the deck.
My bet is a decent crop ./ harvest - sales and licensing update.
Any news on the lawsuit front and a hint of repatriation of alledged missapropriation funds will send AGRA much higher - but we may be waiting a while for that to transpire.
Still, if we can keep the lights on a bit longer, perhaps get a solid footing with a PP around the 10 cent mark - AGRA at a penny will be dust in the tailwinds.
You just know that behind the scene alignment on all fronts is taking place, this one is a good a bet as any in the sector with ample room for surprising returns.
Still cheap here at 1 1/2 cents on the ask and they will be gone soon enough.