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35,777 Posts.
925
22/07/15
00:54
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Airpoe, past market behaviour on ASX of similar stocks indicates u r right especially as they affect a successful CR with a scaleback like with BTT.
Funds tend to be long only super funds, foreign participants tend to like additional liquidity on stocks like BTT and a larger free float.
Add the fundamentals and all the signs are bullish.
Not so much selling will continue to occur due to FOLC (Fear of loosing carry) and FOMO.
People will not sell due to FONK where it will end here.
Could go to $13 or $15 but might even stay around these levels.
Who knows IMHO but pls DYOR? Not even the usual doomsaying downrampers r near it.
Last edited by
JCoure:
22/07/15
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