re: Ann: Gujarat NRE gets green light for NRE... Good question. I've been keeping an eye on the technicals, perhaps looking to do a doulbe bottom around 20cents but the weekly RSI looks way oversold and the moving averages are starting to turn around.
Their reporting style has a lot to be desired. The coal sector is certainly hot at the moment but this one gets very little attention. Maybe some more detail on production estimates and future growth may make the investors stand up and take notice.
I'm not being fooled by all the director buying as that can have alterior motives but i really can't see ths going much lower. May need to do more research.
cheers
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