daytrade diaries... february 9, page-114

morning all,

a very quiet start here

IDG - sold at open but still watching, when the Barrick deal goes through, they will have approximately 57c per share cash ($80m) on a fully diluted basis, after allowing for tax

LRL - another cashed up company i hold trading around 70% of cash backing. There has been selling pressure for a few weeks but no sign of any today - hopefully they're done.

GBP - still waiting for a turnaround, not a great deal of interest yet with well spud due on Friday and almost cash backed - i hold quite a few of these average 18.5c.

MHM looking good, CXS a possible bounce trade op later.