AIM 1.20% 42.0¢ ai-media technologies limited

some food for thought, page-9

  1. 13,575 Posts.
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    The sp action has been pretty much reflective of your post imo DK,and a nice one too.Well it does give me that warm fuzzy feeling inside anyway!

    Very strong buys still coming through and supporting when it starts to look weak.At the risk of getting the annmnt traders enthused it could also be that things are indeed going well at Perkoa with the drill bit and the buying could be possibly reflecting this as well.It just seems to me that with all this market weakness and zinc struggling as well that there is something going on in the background thats pushing the buying a little atm.Options sellers have dropped right off too.

    Its interesting that apart from correction day we really havnt seen a concerted sell off of Aim.Maybe the offtake annmnt spurred a few to get out but it seems that these current buyers were quite prepared to snap up all those that were offered on the offtake and have continued to support at the current level.

    One question DK,rhetorical I suppose,but what chance the rest of the unit issue is perhaps a stop gap in case they do have problems with the debt raising?

    It just seems a little unusual that they wouldnt give a definitive reasoning(at the EGM) behind the extra cash factored into the unit issue/escrows etc.

    d.
 
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