CMD 0.00% 0.7¢ cassius mining limited

stock and options move.... a lot?, page-10

  1. 147 Posts.
    You'll get no argument from me about the worrying lack of feedback from management here, personally I think maybe certain board members have their fingers in way too many pies and GLF is the neglected child.

    However that doesn't change the fundamentals and I think the SP is a reflection of this.

    The SP has (hopefully) found a bottom and it's not really going to take much for the SP to climb quite rapidly if we get a positive announcement. There also quite a few big orders down at 15 and 14, which I would put down to bargain hunters putting in a cheeky order hoping it'll get filled by nervous nellies.

    There's a gap between 17 and 19 again and it'll either get filled or just gap down again give that we've got a fair stalemate between the bulls and the bears.

    I can't see the stock doing much until we get some concrete news and some answers from management about pricing for the vermiculite.
    I think any positive news which can break the price through the 20-21 barrier will signal a technical breakout and we'll probably see quite a few buyers enter the scene quite rapidly.
 
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