ASR 0.00% 0.6¢ asra minerals limited

Ann: High-Grade Gold Discovery Continues at Mt Stirling Viserion, page-63

  1. 3,476 Posts.
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    The interesting thing will be how long it takes to wash out these options sellers. It was a pretty good arbitrage opportunity. I have given it till March to start moving upwards, i.e. three weeks from conversion deadline. If it drags out till then the bullish flag would indicate a test of mid 2's before getting to low 4's. Also, given the strong resistance zone up to 3.5c, I wouldn't be surprised if we just blew right through this reaching the flag target before a good consolidation and back test of 3.5c area.
    All in all, FA and TA starting to line up! Very positive webinar today I thought.

    https://hotcopper.com.au/data/attachments/4074/4074465-45b3645caa7da19e4f6b4867b1004506.jpg

 
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