The roadshow moves to Sydney today. My understanding was that the presentation was very well received by those who attended yesterday. There is a long way to run before my target level is reached.
We are at the end point of a flag. If the breakout is positive then the target is the breakout point plus the height of the flag which equals 13 cents.
I have been watching ORD for a long time and something is up imo. Looking through the accounts there is mention of some good progress on the acquisition front. That could well be the reason for increasing interest of late.
PNX is nearly into blue sky territory. The stock equalled its all time high of 26.5 cents yesterday.
