FDM 0.00% 1.1¢ freedom oil and gas ltd

confirmation, page-19

  1. 3,103 Posts.
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    I'm not a conspiracy theorist but I do believe we are seeing accumulation by one or more large players in the 60's.

    "They" have been very successful in keeping MAD in a nice tight range while they load up.

    When MAD finally does break out of this sideways trading (I'm tipping on the upside by the way), I think she will move fairly quickly as by then the larger players will have had their fill. And the shorters will need to start covering.

    I actually couldn't care less if MAD stays in this range for a few more months - as long as management keep progressing and growing production. Eventually the re-rating will come.
 
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