CUL 0.00% 0.7¢ cullen resources limited

must be buy on rumour sell on announcement nc, page-13

  1. 1,165 Posts.
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    yeh ok, maybe I was a bit harsh using the "c" word (ie clown) on davo. My apologies to him and he is entitled to his opinion as you say.

    It will be an uphill struggle to get to 19.5c, considering the all time high is 19c. I cannot see 19c falling in a couple of days on the daily volume currently being traded. Something will need to be announced or the accumulation will have to continue for some time yet.

    Many holders will have noted the previous pattern of trading with cullen, where it peaks up and then falls away again. Having experienced that in the past, I am sure many holders will take the opportunity to exit around 19c fully expecting to get back in lower down. I hope they can't!

    As I said in my previous post, I'd be happy for davo to be proven right in his prediction!

 
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