ASE 3.33% 2.9¢ astute metals nl

as a long term play you CANNOT go wrong with this.great...

  1. 438 Posts.
    as a long term play you CANNOT go wrong with this.

    great landholding.

    prospect of short term news flow.

    management who know how to feed the market (see MMZ to date)

    drilling results down the track which hopefully emulate Sandfire Resources success (next door neighbour).

    there are arguements for short term and long term in this stock.

    i have heads and oppies. will buy more if dips on profit taking.

    i suspect we will see movement upwards leading up to GM.

    Managment may want to avoid a speeding ticket and hence capping run up. Also substantial holders/significant holders may be taking some money out. that is okay as it increases liquidity for traders and avoids them dumping huge amounts of stock in one hit.

    DYOR.
 
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