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26/04/17
15:56
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Originally posted by ohreally
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given up calling the TA on this one atm....so much soaking, that is to say relentless reloading of the buy side around these levels since the dip in March, seems like a fair few willing to grab anything they can get their hands on down here, and you can't blame them for taking the opportunity to capitalise on others impatience while we sit back and wait for the inevitable news: cash flowing, 24hr production started, and next plant ordered, along with any other more left-field news that may drop e.g steel etc...so I'd imagine a more accurate analysis would be to say the SP will most probably hover around this level until next news which I'd assume would drop by next week when looking at NSL's ann. frequency and as we draw nearer to 24hr production
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"given up calling the TA on this one atm.... "
there's nothing to call, ta wise, this stock's had it, the ball is now well and truly in managements court, only question is how much worse do things get before they can deliver the goods, imho.