I'm interested as to where people will think the sp will go. No threat of imminent insolvency, new management and potential dilution all change the equation significantly. We've already seen last nights nay-sayers predicting an opening today in the teens, which clearly hasn't happened.
My thinking at the moment is that the short term holders will continue to sell within this 30-35c range and the sp will stabilise here within the short term. Within a few months and some more good announcements i can see 40c possibly being broken.
- Forums
- ASX - By Stock
- chart
I'm interested as to where people will think the sp will go. No...
-
- There are more pages in this discussion • 46 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)