pre open - nr, page-112

trade sharer thank you for asking in a nice manner

I think Thursday was a real trader play, 250 mill is a whole lot of churn,

900 mill on issue and 250 traded, some of these shares were washed, tumbled dried and repeated many times,
some were forced to sell probably due to credit,
some people seen it fall back and panicked and then we has Fri with the concerns over the European meetings.



today was a little different,


no wild swings and although there was 100 mill, it did seem more orderly.

IO wouldn't discount some traders in and some might have to sell,

but we seemed to have some more real buying, you would have seen some previous knockers who finally came away from the dark side,

Richard was surprised there wasn't a much bigger gain today but I would rather see a gradual rise, rather than a huge one off one that sends the RSI too high.

Look today's ann is a huge one, but without numbers it is hard to work on,
I had a go at working on some numbers and I know they were agreed upon from a company perspective

So although I and the company think this should be a lot higher, the market does not re rate in a single day

heh I would like to see it go up 10 cents today, but it don't work that way.

it might go up a couple of steps and down a step, there is no doubt it is in an uptrend, and see no reason for this not to continue for some time yet.

we still have a few boxes to tick, cornerstone investor, WiFi should be close,
and listing and commencement,
no doubt other things are being worked on


so let it happen, don't get worried if it don't go up by 2 cents a day at this point.

when/if it gets to the teens you will see half cent moves, then 1 or 2 cent moves a day might be the norm,

if you are still holding the same amount then you will see bigger dollar gains

not saying it will rise tomorrow or any particular day, but saying it should rise overall, and by a good amount based on what they are doing, the new industry they are in , and the huge potential of China,
today's deal was with one of the biggest gateway payment service providers in China, only 1 or 2 larger in terms of market share

and in the 2nd largest economy in the world.

it is extremely significant,

and they would not do a deal like this with a sham company or with crooks as some poster is trying to make out.