Thanks for the charts mate.
There's definitely some different moves afoot with how "little" CSD has been behaving, especially today.
At the bell thismorning someone stayed offscreen and took out the roadblock at 22-23c, only to see hardly any other shares on offer up to 25, and none worth worrying about after that and she got the wobbles.
It's worth noting the SI's are sitting on 500-800% profits at the moment, depending on whether they got the 2.5c or 4c shares. And according to the latest top 20 list released last week, only 1 has sold out and he only held a million shares.
So my take on it, for all that it's worth, is that someone is locking in a lovely big fat profit in this 20-23c range and drip feeding it into the surge.
At the same time the chart does look good and a period of consolidation in this range is healthy anyway.
I can't believe how much the oppies went for today, (up to 11c!) considering the price of the heads.
I did say I wasn't going to watch this baby like a hawk anymore but I just can't help myself, it's too much fun.
With drilling results maybe only a couple of weeks away there might be a little "pre spud" run left yet. ;O)
Given our peers KAS, VMS and SRZ are all going for a canter, little CSD is just getting warmed up.
Cheers
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