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any thoughts on what the SP should hit if positive new around...

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amelbz

38 Posts.

14/01/16

18:53

Post #: 16798422
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Originally posted by aaronsaunders ↑

Couple of things:

a) This aint a 'pump and dump' - the increases today have been solid and incremental at each 0.1c increment, and people have been offloading and buying large volumes all day, yet we are still at a solid SP.

b) The retrace down to 3c region was just too far, it was deep in undervalue territory!

c) When the shares went through the roof a couple of weeks ago, this was completely inline with BAL, AHF, A2M increases at the time - AYB was suddenly picked off as dairy potential was (and still is) huge. Remember A2M went to over $2.30 virtually the same day!

d) Too many people were (and still are) burnt on the excitement from a couple of weeks ago.

IMO, today's increases are bringing the stock to a base support level, and we are likely in for some news very very shortly! Myself and some other investors have een trying to get more info from AYB in regards to other investors but nothing heard back, i'm thinking this is more likely to do with an imminent announcement than anything else.

Looking forward to a solid finish today and continued gains through the week! Good luck!

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any thoughts on what the SP should hit if positive new around funding is announced?

PDF Price at posting: 4.7¢ Sentiment: Hold Disclosure: Held
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