For the past couple of days there has been very consistent buying highlighted by the depth on the buy side from 18cps onward.
IMO this is not a pump and dump because despite the selling there is equally strong buying to match and exceed the selling pressure.
The SP might have been sold down to 18cps to match the pre-determined placement price but, again IMO, this baby is going back up to where it should be.
For months we were waiting on SARB approval, management change and resource upgrade and when it all finally fell into place look what happened. It was Chardonnay all around.
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- certainly a pump but definitely not a dump
CDS
comdek limited.
certainly a pump but definitely not a dump, page-3
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