Short Term Trading Week Starting: 20 Aug, page-129

some potential short term trading ops


S2R - cracking chart. Creasy owns 29%. cash in bank 15m, 7m worth of investments. Current EV 7m. Smells like acquisition to me. Euroz been buying a fair bit.




PEN - nice ST consol after mini run. Recent broker data is perfect. This week's top buyers in order are pattos, Merrill, morgan stanley, state one. Top sellers are CMC, Westpac, commsec, citi. News on scoping due end of Sept. P/B of around 0.8




KSN - Over the last week, Morgans have bought 7.7m at ave 2.3c, pattos have also got 1m. Top seller is commsec with - 5.7m over the last week. Decent gold hits. 28m mcap.