I can never understand how technical analysis has any relevance in a company in this situation. AIO is trading in a takeover/sale basis, and is subject to the conditions of this sort of trading. ie., it can go anywhere, depending on company announcements and rumour. I bought this stock at .62c, and profit will probably reach well into the 7 figures, if it is taken over. If nothing happens, I'll still be out with a profit, albeit a smaller one. Takeover stocks at the moment, are money for jam. Even the franking credits for LNN are a winner.
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