KRR 0.00% 1.4¢ king river resources limited

sorry mate. I think @coto has a point. if we hit something big,...

  1. 1,538 Posts.
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    sorry mate. I think @coto has a point.

    if we hit something big, there will be many who will want to buy in and very few sellers.

    last few weeks people have been buying just in anticipation. the reason the price hasn't gone up to 2c or above is there are also nervous holders who are thinking we might not get a decent hit.

    i am not saying they are right or wrong. no one knows the results and it can go either way (50-50). That's why we are saying if we get a decent hit, the SP will definitely shoot up.

    you can just do a rough back of the envelope maths - if someone today puts a buy order at market price for 50,000 dollars. the SP will at least shoot up to 2c.

    this is not an advice. I am just sharing my line of thought. DYOR and do what is right for you.
 
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