good reporting and regular reporting...any news is good news to keep it in the spotlight.......
accumulators love for a stock to be forgotten...so they can buy up cheaper.......
traders for the most have short memories...in and out on runs and move on...then its a forgotten stock......
most dt's don't mind paying a bit more to get on a hot run.....in the interim they are jumping in and out of new hot stocks of the day...works for some...most lose their shirt.....
basically...if you believe it has potential...and can't see any major risks......then stick with your original reasons for getting into a stock....until a good reason surfaces to change the risk .......
it has stabilised at 7c for weeks now...a few minor dips below as some traders cashed out to move to other stocks...but soon recovers to 7c or close.......
as soon as one leaves...soon after they tend to surprise......
todays ann ..for most..was unexpected...not a rocket launching ann...but shows the company wants to keep the price up..and interest up.......
any future c/r..not req this or next qtr.......they will want to put it out at a much higher price.......
if they can get a fully funded Jv for all prospects.....at much higher values...then their won't be a need for a c/r in those periods...they should be able to conserve capital
any Jv ptnrs will have to contribute to admin costs proportionally.......
- Forums
- ASX - By Stock
- Ann: La Tortuga Update
good reporting and regular reporting...any news is good news to...
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)