C7A 0.00% 1.1¢ clara resources australia ltd

Well i have had a boring week. Have been sitting in the 0.9 c...

  1. 4,843 Posts.
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    Well i have had a boring week. Have been sitting in the 0.9 c queue for 3 days and still yet to be hit. So i am hoping no news till i get hit and i have probably one of Surats 1,000,000 share bids in front of me and we only traded 250,000 for the entire day today.
    There however is an obvious trading pattern occuring. We usually see some minor retail interest at 1 c in the morning but then a period of stalemate during the middle of the day and then some small trades at 0.9 c to cap off the day and keep the shareprice pinned at this level, then new day same modus operandi.
    So i have the feeling it may take a couple more announcement free days to have my patience rewarded.
    On the news front I see it as a minor positive that their communicationds have fallen off a bit, as it may indicate they are so busy with getting everything functioning to its full potential at Granville and they are very busy setting up Taronga. Lets hope and pray this is the case.

    Christopher
 
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