ROB is an easy accumulation stock, allowing those of us who are longtermers to get our growth. For me it does not matter when ROB explores new highs, it matters to me accumulating as much as possible under 3c so that once the potential to move is released, (undervalued) ROB is one to move ridiculously fast.
I am very happy with ROB's price at the moment it reflects the smart money is not going to sell until they get their cake and eat it to! Also well done Wilson on your oppies!
IMO ROB is one on the books of Brokers who like to ramp up favorite ponies and ride them for all they are worth. Trends tend to run further then expected, I expect 1.5 to 2.5c over 3c but ROB has the potential with its up coming news-flow, rebirth and Demand to surprise me with much more.
I like the fact, other then surprises, ROB's course of actions are relatively laid out and predictable up to a point. J8's post about the companies maneuvering shows that the management is happy to be flexible in their plans to maximize their position.
This is very healthy, no plan is wisely executed without flexibility and adjustment. I would be more worried if they didn't make slight adjustments with dates and timing keeping their cards close. ROB has cash and low debt and a asset up their sleeve.
Now they must wait like a patient fisherman and work off their schedule and play their game so to all those wanting predictability and a sure thing, that can often mean when investing or speculating bad management as much as indicating good management. This is why so many miss great growth from the underdogs or lose faith in their companies.
These small companies are easily overlooked, the major holders are not invested here for the fun of it, they desire real growth and the acquisition and development of assets. Coal, Mongolia and China, do I need to say more?
Multiple targets are going to be suggested by the geologists report, just on the whiff of a reasonable position will make allot of people happy to hold up to 4-5c at the minimum, in my opinion.
How many announcements and changes are occurring within ROB? Investors are happy to back this one because they see the fundamentals flush in the deck...
Change means growth, death or stagnation. Even the TA can see it is not stagnation or death but growth in the only way ROB can grow. All those people who saw something in HUN right from the beginning are now looking at ROB as a sound spec over the next 6mths, this interest is going to underpin ROB going to the next level and this is only possible by changes that add value causing a repricing, we can see examples of this time and time again in the market.
What changes add fundamental value to a company? New management, licenses, kingmakers, CR, geology, Demand... ROB has so many potentially great and inexpensive improvements will it be surprising to see strong and rapid movement testing new highs? 4.5c is not a big stretch here in my opinion.
I'm reading lots of news articles about China and they are either incredible or China bashing. No I don't think the disgruntled can topple the party and yes China's demand for Coal is so amazing its pushed coal into a true boom in my opinion. This is great for Australia of course!
PS - Just my opinions here only. DYOR!
Kind Regards
ROB Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held
