weekend stt lounge 23rd-25th mar, page-59

  1. 448 Posts.
    bassybbie, I don't know how you get $5 from, but for $5 @ 340mil shares, that equal to 1.7 billion.

    I can buy PDN with this money, and PDN is producer with 10× more resouce(340mbl). posible 40 time more because ags only own 25% of 34ml.

    so 1/40 x $5 = $0.125... but anyway ags is spectacular stock so value is unknown.

    ----------

    for FA, I recommend MNM, MACD look good, RSI is uptrend with above 50, resistance is 17c, support is 11.5c.

    also keep an eye on LYC,
    - it always follow material index(check out my chart on lyc forum for lyc vs material index), rio and bhp was big green on saturday(usa), so expect green day on monday for asx. if rio/bhp is green then it is time for rebounce on material index.
    - it hit 107c suport line on friday, and bounce back to 109.
    - rio/bhp also reach suport line, so it is time for bounce back (these 2 are big part of material index)

 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.