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3.3¢ raya group limited

Ann: Release of Voluntary Escrow Securities, page-33

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Shaun666

1,446 Posts.

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21/03/16

08:50

Post #: 17324173
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Originally posted by Britneek ↑

Well none of us can give you advice so to speak. Keep an eye on it on relist. Or have a look at how some of the other tech stocks have played out. Eg. AZK. If you got in early you then had a jump up then it briefly slowed, pulled back a tad and then ran again hard. So I guess depending on your goals, risk tolerance etc you could look at whether it's worth entering straight away or wait for a pullback (which may or may not come).
I've said before in a few of these techies I've played in the past, for whatever reason, the
ASX market seems to take a beat before it catches on to these ones, and you get that situation where it stalls and a lot of people sell thinking its peaked and then next minute it really runs.

Like I said, I'm cautiously optimistic we have a good run to come or else I wouldn't bother keeping my dollars tied up through this suspension. BUT of course we need to see the chippie deal and also nothing is ever certain. Also, disclosure is I hold from the very early days so am well in the green already so whilst it could get a lot better (and hopefully will) I am in a relatively derisked position.

I think somewhere there I just went on a ramble. Hope some of it helps

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Thanks for that Brit. Very good advise. Shaun

RYG Price at posting: 3.3¢ Sentiment: None Disclosure: Not Held
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