big crossing, overhang gone., page-22

re: big crossing, kopiteau, Try again,

Hi kopiteau. I'll have a go - just for amusement sake. Firstly, SLT will not trade back above 58c. The critical level now is 38c. You might expect a bounce from here that could get it back to around 46c, higher if 38c isn't breached because that would be a good sign.

If 38c IS breached - even just intraday, then look for a bounce (opportunity to get out) followed by a slie back down which will then break through 38c and a long wind down to a new target of 5c.

If the announcement holders have been sweating on is ever to materialise I would expect it to be about the time the sp hits 38c.

Lets see how that goes....