Short Term Trading Week Starting: 8th Aug, page-192

  1. 12,115 Posts.
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    FGR excellent work @raskolnikov....

    That's the beauty of trading as we all have different strategies... Like I am a buyer of FGROB today small parcels though... I think FGR has 19-20c written all over it in ST... However, it can go nuts if one of the four things being announced (all pending and suppose to be done this quarter which has 7 weeks left)...

    • Commencement of graphene production and optimisation from the full size production cell following successful test work at the University of Adelaide
    • Pandeniya mining and ore production to commence
    • Downhole electromagnetic survey at Aluketiya and Pandeniya projects
    • Expansion of collaboration with prospective graphite and graphene off take parties

    PAK - will do its thing when its ready... You see getting in early has its advantage that you don't have to panic when things do go slow... By saying this, its been trading here for a while and seems soaked with support at 16-16.5c...

    With commercial product about to hit the market in a billion dollar industry and little to no competitor with huge revenue potential and 50% margins... I think I am not much concerned...

    By saying this, market is pretty hot right now with plenty of winners IMO... So its good to lock in gains and move on to the next undervalued stock...

    All the best and well done again... as you were the one who bought FGR after doing your DD and locked in gains...

    Cheers
 
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