MC, you are one of the very first posters on the ktd chat like myself. I ve been following this stock prior to ipo and so glad we are still in it together.
Back to your prediction, i suspect a push to mid to high 60s,mainly due to 1. A good rebound on ASX overall with the 3 big drops last week so i expect the sentiment to be good tommorrow. 2. Remember we have huge volumes last week and mahority of those buyers will continue to hold on still. These 2 factors will form a good basis for the sp NOT to retract too.much tommorrow. Remember a 10% rise will be 66cents to achieve over 70c, it needs to break the 15% increase. I expect a close of high 60s tommorrow. If asx overall goes higher in the next 3 days or so. Dont be surprised if we hit 80c....again i do Not believe this is a pump and dump like other IF. With these kind of volumes, a big spike can take place anytime ...... hopefully with a good announcement, it will spike 20~30% over a duration of 3~4 days ....and then comes 2019...critically we need to settle on a solid bottom before 2019....90c would be a nice bottom as a foundation. Its all a percentage game.
For the numbers game, i belong to category E, low Es for now. Got a small slice at ipo and majority at opening of 26c.... let me remind everyone thats only 6 weekends ago on 18th july 2018.
Tommorrow opening is crucial as we need to.maintain thevmomentum going forward for the remaining of the week to.consoludate.
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