Ann: Chairman's Address to Shareholders, page-4

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Ashfield

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30/10/17

10:41

Post #: 28304433
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Originally posted by JimTaggart ↑

I think they probably do already. We've seen the stock rally from around $1.40/45 to $1.70 without a pullback, and with higher volumes. This is indicative of a large institutional buy order. Once its complete, we'll probably see a decline in the stock price to around the $1.50/55 region.
That would make a good point to accumulate further on the basis there is no game changing news from the company.

But I agree, very impressive.

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Thanks Tim for your comments

Its nice to see the institutions buying it up but annoying to see that when the order is filled the share price falls back which should in my opinion be the the reverse as it should great momentum as investors see the potential of the company and the opportunities ahead.I would like to be a buyer in the $1:55 but if the share price was heading towards $2 it would be great as I could see that others saw the value in this company as I did

Are there other institutions wanting to buy at this entry price?

ATL Price at posting: $1.63 Sentiment: Buy Disclosure: Held
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0 Great analysis

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Ann: Chairman's Address to Shareholders, page-4

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