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07/06/17
20:49
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Originally posted by bullraider007
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Nothing has changed. Based on last announcement, Everyone knows nothing major is expected to happen before 16th jun as recruitment will close completely on 16th.
Right now retailers are feeling vulnerable due to circumstances and panicking and big boys are scooping what's fallen of the tree.. Total bids seems to be around 1.32 million showing on CommSec but 6.6 million got picked up today alone and I am sure if get sold again then it will be bought by people invisible Prople. So my point is there are people out there who are willing to buy and hold otherwise SP would have kept falling when it hit 27c. so it's up to individual to decide if they trust the product or not and should sell now or hold for while considering we are so close to finish line.
RAP has always bounced back as soon as sellers gone so same will happen very very soon and next week I won't be surprised to see if we get announcement "change in substantial share holding".
Good night all and expect lot of negativity tomorrow from some
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Some LT can sell now for EOFY 50% capital gain and buy again on 3rd of July, can't they? Given they know nothing will be "announced" before then......but hey, I want my 50% capital gain as well.......