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Ann: Exploration to commence at Mukabe-Kasari, page-88

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Aldbritt

221 Posts.

16/09/17

12:23

Post #: 27263364
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Originally posted by NormanW ↑

One thing is certain and that's the capping.
The share price appreciation prior to the CR was a signal. It went only so high and probably surprised many. If any frustrated holders really wanted to offload they had their chance above 2 or thereabouts. Many then bought above the 1.5. The CR boys got their fill and offloaded and plenty were churned and absorbed. There are a few brokers buying in and this stalling or capping does effectively allow new and fresh capital in the play. It's a positive imo, the acquisition is a very good one, there are grades and they're very good ones to work on. The capping is a positive and consolidation seems to be in action.

I've been wrong many times with my predictions but only because I tend to get it right just under 50% of the times "short term". I'll stay with my prediction of a 20 to 30 plus MC

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I'm feeling lazy today,

Can anyone find a total turnover figure for the shares for the week for ASX & CHI-X, in seperate amounts for both ?

Thanks in advance.

RMX Price at posting: 1.4¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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