ADV 3.57% 13.5¢ ardiden ltd

Ann: Numerous Large Flake Graphite Zones at Manitouwadge, page-44

  1. 10,220 Posts.
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    Actually the Sp has done better than i predicted a fortnight ago considering no Li news. i though that we would have breached 2.8 by Fri close and finished lower 2.6 or 2.7. however there is literally peanuts being sold and minimal support. no appetite to buy and nil t really sell. However if we do breach 2.8 some nervous holders might exit as the SP has been stagnant for 2 months and approaching bearish sentiment while other stocks are making a move. Further the ones' in profit from the previous lows of sub 2s will be eager to lock in profits. I myself will hold on as if i do sell now it will do some damage to the SP - not going to get anyone freebies sorry with manitouwadge a months away.
    You never know we could get an announcement on Monday - we better soon or we will test the 2.8 support and move to the previous zone. basically means the market was impressed with the Li results so far to stimulate buying.
 
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1 29824 13.5¢
 

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14.0¢ 71663 3
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