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Ann: Appendix 3B and Notice under Section 708A(5), page-14

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  1. 12,503 Posts.
    re: Ann: Appendix 3B and Notice under Section... hi orionwoo, I normally trade portion of my holdings according to chart

    when the SP couldnt break 1.5c, I realized it could be a ST top but for some reason I decided not to sell a single stock

    no certainty in the market, but I still think the odds are good that current level could be the bottom

    it has taken so long to get where they are now today, with commissioning & first rev in sight, long suffering shareholders may finally see some light at the end of the very long tunnel.

    for sure still high risks here, but I cant think of a better time to enter or a worse time to sell.

    management has incentives to push SP to a level where they can comfortably place 1.8c shortfalls by end of Apr

    significant news expected by the end of Apr

    join the dots, there is no better time to pump this one big time than mid-late Apr

    so I reckon still good risk vs reward at this level

    tho I would feel more comfortable if the downtrend resistance is broken, currently 1.5c



 
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