What's up with the 5GQ stock?

I left off last time with the analysis on the 5GQ(SA) stock analysis as to what is keeping the stock from appreciating. It seems that from the last time I checked there was only sideways movement with a strong resistance that formed at 0.12. But recent news has jolted the price up and back down again. As what I have said previously, this stock lacks some positive news to propel it upwards. But last Feb 9 an upward price movement happened with significant volume and expansion in price. Coincidentally it was also a day after the release of news confirming the creation of another office in Pakistan plus a good number of growing clients in Pakistan. Players might have been enticed by this news that price expanded from 0.13 to 0.14. But the sudden expansion in volume and price was not sustained long enough and a strong resistance was formed at 0.14 level. By Feb 15 the price stumbled back to 0.12 level, which was the previous resistance and now the current support level. This might have been due to the yearly report that was disclosed to the stock market last Feb 14, where in it confirmed the previous profit warning that was disclosed last Dec. Profit was down a half percent year-on-year. Just as a good news propelled the price with volume, this recent confirmation of a previously announced bad news kicked the price downwards from 0.13 to 0.12. The only positive thing about the downward price movement was that there was no significant volume. It means a lot are still holding on to their stocks and there was only a considerable few who gave up on the stock. The 0.12 price level would now act as a support price level, hopefully the price would stay above that level and if it does so, the possibility of 0.15-0.17 level is still within reach. I expect that the 2nd quarter report may be the propelling event of the stock. So hold on to your seats up until Sept for that report.