I agree pretty much with all of this. I would add that October results are likely being awaited for to see if the path laid out by new management is bearing fruit.
Regardless what SJ believes, if the market have a belief there is any form of sovereign risk with Brazil, they are going to price it in.
70% of the shares held by the top 20. Of those top 20, 70% to 75% could likely be doing a V on share price trading in an out on SP movements. Good drill results and a rising POG are good for the company and us share holders. There is obviously a volatility factor to this rise.
Play the volatility or ride the bus to the top and not get caught up with the fluctuations. The fundamentals of the company imo look good so I will stay on the bus. I may off load 300k shares @60 cents to give me my capital back and a little towards CGT. My original target was to off load all @$1.43 ($1m after CGT cost)
- Forums
- ASX - By Stock
- BDR
- Ann: More High Grade Results from AB1, AB2, AB SUL and Duckhead-BDR.AX
Ann: More High Grade Results from AB1, AB2, AB SUL and Duckhead-BDR.AX, page-61
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)