SYN 0.00% 0.1¢ synergia energy ltd

cambay-75 will be plugged back, page-45

  1. 1,602 Posts.
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    For me the point is that it has been oversold. I do not know whether it was by fed up small investors or large investors, but it still is grossly undervalued compared certain others in the sector and having regard to its 12mil cash.

    Additionally, I suscribe to the view that the market overeacts when it makes large moves, either up or down, and then moderates itself that day or the next. So my pick is a rebound is due.

    Annemc, I tend to agree that .20 will be an interesting price. I think it may get to .20 today, but then there will be some profit taking from todays lower entry points. But this is, to an extent, dependent on Dow futures going positive.
 
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