re: reply to middle - gym spp oversubscribed
<< The market obviously agrees that their problems are over. >>
jamber, we could see some volatility in GYM next week.
I expect the AGM to be a positive affair with whiz-bang power point presentations and all the good stuff. They will explain the problems in Hunter and how we now have a stronger company going forward.
Next week the 33.5c shares from the recent placement will be available for trading. Expect to see some quick profit taking - the temptation will be too much for some of the instos and retail investors.
This stock could well see ~70c before year end and ~$1 next year if not sooner.
Good long term stock for my books. Will be buying more on a dip.
Read all the red stuff and do your own DD. Good luck
GYM Price at posting:
0.0¢ Sentiment: None Disclosure: Held