I sold out a while a ago for a small profit and have been watching this on a daily basis. My expectation remains as always wether I am right or wrong. I suspect that X will walk and sp will drop to below 20c.............at that point I am happy to get back in and suspect that the likes of MMG will circle like a pack of hyenas and want a bit of AOH pie. I agree with most here that the sp will not remain at lows because it will get oversold on this Xtrata action.
I suspect that when the sp hits these lows it might only be there for a few hours and NOT a few days so timing will be important.
Happy to hold out for a come back buy at 18c ATM.
AOH Price at posting:
28.0¢ Sentiment: LT Buy Disclosure: Not Held
