Saber, been quietly trying to get some cheap last 4-5 weeks. Not a chance now at 2.1-2.3c by look of it.
These turnaround ops of zero/ negative EVs if you take the $9m of plant at book, can do bags once the market can see future cashflows. (see DSB and EGL charts)
Only got a few, but nice to see the interest come in last week.
Mentioned it on weekend STT thread.
http://hotcopper.com.au/threads/sho...3055136/page-29?post_id=20754650#.WDJZVLJ94qM
I also think TA wise, if we reach 4.1c, then could form a nice Cup and Handle, giving 4.1c the breakout target to watch.
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Mkt cap ! $23.60M | |||
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