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4.3¢ liquefied natural gas limited

meridian 30 June, page-16

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Wazza222

442 Posts.

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16/06/18

17:44

Post #: 33758338
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Originally posted by FrankMe ↑

"Could be the final pump before the EOFY dump"
"Historically LNG has begun its EOFY tax loss selling around the 15th of June",

Hopefully Not this year Sparky, as according to Phillip Lasker on the ABC Finance Report last night,

"The Market tends to get sold off towards the end of the Financial Year as investors crystalise their Tax losses, but then dive back in to Buy during the second half of June"

I hope he's right and this applies to LNG as well, plus the current trend continues in a slow and steady move Nth - Nth West with No Gaps that need to be back filled at a later date or at least until that BTA arrives, but that might be wishful thinking on my part

Anyway, hopefully LNG's 'History' doesn't repeat itself this year and we can all Dine out on Seafood this Xmas if not sooner !

Next week should be enlightening No doubt, As it's Only a few weeks til the EOFY now

GLTAH

Cheers

Frank

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Can we make it Nth - Nth East?

LNG Price at posting: 52.0¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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