ATN ashburton minerals limited

any bookies on this thread?

  1. 1,418 Posts.
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    been following atn for few weeks- only just got on board with encouraging announcement imminent-

    curious if there are any bookies on this thread- if so what would the odds be on the 1 million bid at 0.082 being pulled prior to opening? i would suggest quite high but wierder things hae happened-

    keep us the good posts people- have been very helpful to many new eyes to this stock- certainly have been added to many watchlists over the past few weeks-

    hoping we achieve a well constructed,positive announcement today regarding assay results- must say it is looking promising but you can never tell. the crabb family are trusted and respectful company executives-thus being major incentive for me jumping onboard-

    Targets Six months: 0.12 One year: 0.14

    Supports Support1: 0.04 Support2: 0.01

    Resistances Resistance1: 0.10 Resistance2: 0.12

    Pivot Point 0.03

    Moving Averages MA(5): 0.05 MA(20): 0.03


    Price and moving averages has closed above its Short term moving average. Short term moving average is currently above mid-term; AND above long term moving averages. From the relationship between price and moving averages; we can see that: This stock is BULLISH in short-term; and BULLISH in mid-long term. (link- www.stoxline.com.au )

    all above information does not take into consideration the pending announcement which has shown an increase in volume and price of late. all in all, could be a asx darling stock
    only time will tell- possibly another late afternoon announcement on the assumption that they receive results during the day and use the fullest extent of the day to process the results before announcing. there final minute 3.30pm announcement the other day a classic example of an organisation using strategy to announce price sensitive announcements.

    ie dow was relatively flat overnight and our markets arnt expecting any extraordinary gains- relatively flat day. if i was a company exec and i was expecting a positive lead from the dow wednesday night, announce late wed trade on the asx or after market close, allow investors to researchh the results overnight, and if good-

    hard rally the following day on a positive lead from the dow- youll then get anxious investors lining up there buy orders in case they miss the boat whilst at work

    dyor just my opinion after all- good luck all holders either way-
 
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