Morning guys..... after an eventful weekend nice to see most ppl are back with us today. Watching today:
BLR > Picked up some BLRO on Friday. May take a position in the head today as well given the thin volume.
HFA > Sadly I sold at 19 and MAY have to pay more to get back in but it certainly looks from strength and fundamentals to be a low risk play. Wll try an 18.5 entry.
POS > Early days for POS and the share price can wipe through levels. One watch this week.
RFE > Expecting a bit of a pull back in the SP to proide additional trading opportunties.
WCU > holding resistance level at 34 and we're looking for a break at 36
ERJ > Surprised by the strength on Friday but like CXY, its a difficult climb around the 10 cent mark.
NDO > Continued strnegth expected this week. Currently 21 and may just be the beginning.
MLI > Look for a break on 5.8 and then target mid 6's
TOE > Another solid performer last week. Finish at 26.5 and may have some more to take it +30 early in the week.
Others/News: > CUE announced a right issue, BJT have distn announcement this Friday. AOK offered a nice reply to the speeding ticket, AIO rights issue record 18th June, MGR entitlement just announced. 5 for 9 pro rata at $1 on record date 10th June. BLY also one to keep waching along with MOF, MLS an MRE.
Shout out to our suspended friends today and looking forward to a great week - I will be travelling from midweek so will be scarce on Wednesday.
