I hold a large parcel for me in BUY for the last 1.5yrs and as i hold a large parcel in another spec ESI for the last 4yrs they also have a large amount of shares issued and after a large cap raising the SP didn't move for a looong time but i realized that's how long it took for the dilution to churn over especially when sophisticated investors where involved they needed to reduce their risk.. after so long we have finally stared to move and moved up about 300% over 3 months and heaps more to go IMHO and i think same applies here that imo we wont see any movement or large volume churn till at least july/aug then will see large increases and small retraces as day traders take some profit off the table and get ready for the next leg up.
i can see 10-12c early next yr imo if everything sticks to plan
but as always dyor
NT
MOY Price at posting:
39.6¢ Sentiment: Hold Disclosure: Held
