Energiseme. This forum is like a group of racehorse followers talking about Black Caviar. It is not hard to be upbeat. Yet, IMO, AKK now is like Black Caviar after only her third race, unbeaten but with another 18 races still to be run and won.
The only things keeping the SP from spiking even further are the overall state of the market, with such uncertainty, and the number of punters who are now taking a profit from earlier entries. That will continue right through to .033, or thereabouts, when we will also see the S.I.s and those punters who took up the Share Issue expecting a quick hit(which didn't happen)all jumping out leaving us with close to a "normal" market with no overhangs. THAT'S when we will see the proper SP emerge and with the news that we still expect, all rises above that will be continuous and sustainable. Ditto re the OAs, but, their percentage gains will exceed the toppies from now on. But, must put up with days like yesterday and today in the meantime.
AKK Price at posting:
2.4¢ Sentiment: Buy Disclosure: Held
