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12:49
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Originally posted by TinyBoat:
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Whilst someone (maybe someone active on here on HotCopper) maybe trying to trade the SP down, I get the feeling i am not the only one who thinks we may have seen the bottom and is topping up, or can't help themselves going over-weight in the expectation that sometime soon the dam will burst. It will be increasingly difficult to hold the price artificially down in the face of the continuing march toward proven commercialisation.
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Agreed. I personally expect a blindside strategic partner to enter the fray in the coming months.. likely a bluechip partner like Mitsui. You dont get better buying than less than the 100m R&D number already spent and a great Pr greenwashing exercise for a bigger fish. This stock never dropped below 100m even in the face of the heat exchange disaster and has been strategically chipped away at with small volume selling.. the slightest buying interest and we rebound to 70 in a matter of hrs.
(20min delay)