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goldrushboy

109 Posts.

8

07/10/20

12:20

Post #: 47908064
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Originally posted by jbr055: ↑

There is still way more shares to be dumped on market - at least 20,000,000 more - more likely closer to 50,000,000+...

This will fill the 9c gap without a doubt - below 10c you will see if there is real support (which I think there will be).. the lure of the half cent pip is too strong But only 4 pips to hit 10c and 10 pips with multimillion sells above - its not rocket science to work it out..

Those thinking of buying now, need only look at the bloodbath on the sell side to know this is not rising like a APT anytime soon.. the next 10 pips have multi-millions loaded (let alone those off market)...

Long term this is a hold IMHO, but now is buying time while it is in a major downturn... Value sub 10c, but not above for now... GLTA DYOR

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This is justified. If you have profits take it, because 9c gap is coming.

IOU Price at posting: 12.0¢ Sentiment: Sell Disclosure: Held
3 Upvote

1 Great analysis

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