We have been in a broad uptrend since Christmas. Sustained, in part, by timely news releases like yesterday's.
Yesterday's ann. had some small morsels of clarification that have been well chewed here already. But imo it was more fluff than substance. Although still marked by ASX as worthy of the bell icon.
I'm thinking we might be in line for more of the same in the weeks ahead leading up to Iteration 3. Reason I say that is because if we are reading the tea leaves correctly, we are just entering (or are about to enter) the end game phase. In which case, maintaining an attractive TA position is in all our interests...T20, retailers, everyone holding shares.
Previously the Board has expressed some frustration about our valuation on the ASX, but with a sense of resignation. Now I think we are moving into a phase when they might choose to be much more proactive. even to the extent of dropping timely gems as they become known, rather than saving everything up for milestone events.
Look for progressively higher lows and more frequent anns. than in the past.
But all imo, of course.
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6 | 904665 | 0.080 |
Price($) | Vol. | No. |
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