AKM 4.07% 29.5¢ aspire mining limited

AKM CHART, page-35

  1. 306 Posts.
    lightbulb Created with Sketch. 63
    Just went from 10.5 to 11 and only at close did it drop back to 10.25
    A 1c rise in 48hours was too much for many people, so it seems that profit taking pulled it back.
    Steep rises often cause short and steep falls.
    BUT, it will return to 11 IMO
    Timing seems to be crucial for this puppy, coal shortages, price of coal, railways, Gvt support all point to back where we were before the consolidation.
    Cheers
 
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