Highfield retrace

I believe the rapid drop in Highfield last week was due to an institution selling and breaking through stop losses. That aggressive selling now appears to be over. Highfield have been active overseas talking to institutions in particular a large British fund and one from Canada. The company remains extremely bullish and I still believe once permitting is granted a takeover attempt will take place. EMR who put millions into the last placement at $1-80 and bought the shares the directors sold will have a huge say in proceedings. $4 dollars plus is still very achievable given the vast size and easy access to the Potash. Granting of Permit = Blue sky. Investors who thought they had missed out can snap a bargain around the $1-50 mark. I have not stopped buying and with an ounce of luck this may mean early retirement .