Ann: Project Approval and Business Licence Receiv, page-33

re: Ann: Project Approval and Business Licenc... stringtickler,
My model discounts all bot trading and manipulation----it's purely mathematical.
It only works for SP's where there are significant or substantial dilutive share issues.
I can't,eg predict the future SP of BHP in 1 month or 2.
You have to admit,that when GXY SP was $2.20,predicting $1.00 - $1.30 using the model,would have looked ridiculous to almost everybody.
The other tool that I use and you could use as a guide is the CHART.
The chart confirms my model (downward channel) and roughly shows the prices to the downside and bounces hitting resistance to the upside over time.Roughly a 30c trading range from each new support to each new resistance level.
Good for trading,but,on this occasion I am not interested in trading.
I intend to buy and hold for up to 2-3 years and watch GXY develop into a strong Company.
Cheers