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Ann: INVESTOR PRESENTATION - RIU RESOURCES ROUND-UP SYDNEY, page-43

  1. 6,246 Posts.
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    5 billion reasons why a consolidation is now a good idea. This is now one of those extreme cases where the benefit overrides the rule.
    https://hotcopper.com.au/data/attachments/4338/4338206-38c018bd7f078332062e921c23fd2f01.jpg

    This will possibly see 8.2c according to my TA per the closest blue support line.
    https://hotcopper.com.au/data/attachments/4338/4338234-8771b9220aaa1e5efe58f6d6759b0acb.jpg
    But then again TA is out of the window when the market is this irrational. The best thing one can do at the moment is close the door according to the great one. Or in my case do something else which is what I've been doing recently, in vain I might add, because market signals cannot be trusted at this point.

    https://hotcopper.com.au/data/attachments/4338/4338238-805ffa802cada275f4a06c125b533422.jpg

 
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